Verizon will make a first round bid for Yahoo’s core internet business next week, according to Bloomberg News. The communications behemoth is apparently willing to acquire Yahoo’s stake in Yahoo Japan Corp. as well in order to give it an edge over other potential suitors who could include Google, Time Inc and private equity funds Bain and TPG. Below, we review why Verizon might be interested in Yahoo’s internet assets and also estimate their potential valuation.

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