Friday, 22 July 2016

Verizon and Yahoo said to be days from announcing $5 billion deal

Verizon, which has been the leading horse out of five bidders to buy out Yahoo!, is said to be finalizing its acquisition of the multimedia company for $5 billion.A source to Bloomberg said that we should see the deal announced in a few days. Verizon would be getting all of Yahoo’s real estate and internet assets. Intellectual property will be going to a separate buyer.With this move, Verizon will expand its already-rich content bay — it picked up Engadget from its AOL ...

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The post Verizon and Yahoo said to be days from announcing $5 billion deal appeared first on Pocketnow.



from Pocketnow http://pocketnow.com/2016/07/22/verizon-and-yahoo-said-to-be-days-from-5-billion-deal

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