SoftBank's Yahoo Japan in merger talks with Line, shares jump

TOKYO (Reuters) - SoftBank's Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a $27 billion (£21.10 billion) tech giant and help the Japanese conglomerate expand e-commerce and payments services.Yahoo Japan, which last month changed its name to Z Holdings , said on Thursday discussions were underway with Line but nothing had been decided. SoftBank Corp , which owns almost half of Z Holdings, also acknowledged the talks.Shares in Z Holdings, which had a stock..