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This Friday, Nov. 15, 2019, photo shows logs of Yahoo Japan and Line Corp. in Tokyo. The online services announced Monday, Nov. 18, 2019, they are merging. The combination in a joint venture through a tender offer will form an online giant with retail services, advertising and other mobile services such as messaging. (Shinji Kita/Kyodo News via AP)

Yahoo Japan, Line to merge business to form online giant

Nov. 18, 2019 4:17 AM EST

TOKYO (AP) — Online services Yahoo Japan and Line Corp. have announced they are merging. Z Holdings Corp., which owns SoftBank Corp. that operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line, said Monday they are aiming for a final agreement by next month. The...