Tag: Verizon buys Yahoo

Confirmed: Verizon to buy Yahoo for $4.83 billion

Confirmed: Verizon to buy Yahoo for $4.83 billion

Written by on July 25, 2016 in News with 0 Comments

(Reuters) – Verizon Communications Inc said it had agreed to buy Yahoo Inc’s  core internet business for $4.83 billion in cash, ending a lengthy sale process for the fading Web pioneer. Buying Yahoo’s operations will boost Verizon’s AOL internet business, which it bought last year for $4.4 billion, by giving it access to Yahoo’s advertising […]

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