SoftBank's Yahoo Japan confirms merger talks with messaging app Line; stock skyrockets 16%

Shares in Z Holdings, which Yahoo Japan changed its name to last month, jumped 16%. The firm's had a market value of about $17 billion.

from World News & Analysis https://www.cnbc.com/2019/11/14/softbanks-yahoo-japan-confirms-merger-talks-with-messaging-app-line.html