(Reuters) - Alphabet Inc's (O:GOOGL) Google unit is mulling a bid for Yahoo Inc's (O:YHOO) core business, Bloomberg reported, citing a source.
Verizon Communications Inc (N:VZ), which has been rumored to consider bidding for Yahoo, plans to make a first-round bid for the Internet giant's web business next week, Bloomberg reported, citing people familiar with the matter. (http://bloom.bg/1qwx1W3)
AT&T Inc (N:T), Comcast Corp (O:CMCSA) and Microsoft Corp (O:MSFT) are not bidding this time, Bloomberg said on Thursday.
Yahoo shares were down 1 percent and Verizon shares were down 3 percent.
Yahoo launched an auction of its core business in February after it shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd (N:BABA).
Verizon and Yahoo declined to comment.
Google, AT&T, Comcast and Microsoft could not be reached immediately for comments.