Jul 25, 2016

Verizon To Purchase Yahoo In $4.83 Billion Deal
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Written by : Tom George| 8 | Business

Image Credit: Huffington Post

This marks the end of an era. It’s official, Yahoo is being purchased by Verizon. According to these sources.

The purchase of Yahoo’s operations will boost Verizon’s AOL internet business (AOL is the Huffington Post’s parent company), which it bought last year for $4.4 billion, and give it access to Yahoo’s ad technology tools, Bright Roll and Flurry, and assets such as search, mail and messenger.

The deal, expected to close in early 2017, marks the end of Yahoo as an operating company, leaving it with a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd and a 35.5 percent interest in Yahoo Japan Corp.

Source: Read More

Why Verizon is buying Yahoo for $4.8 billion, in a deal Marissa Mayer calls “poetic” – Quartz

http://qz.com/740723/why-verizon-is-buying-yahoo-for-4-8-billion/As one of the largest US telecom carriers, Verizon faces market saturation and limited growth prospects in its traditional business. Its purchase of Yahoo, which follows its acquisition of AOL in May 2015, provides more evidence that it sees online …Reuters CNN Money Forbes – Read More

Verizon Buys Yahoo for $4.83B – ABC News

http://abcnews.go.com/Business/video/verizon-buys-yahoo-483b-40848195Verizon Buys Yahoo for $4.83B. More. Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet. 0:22 | 07/25/16. Share. Title. Description. Share From. Share With. Facebook. Tweet. </> Embed. Email. Read More

Verizon buys Yahoo for $4.83B, marking end of an era – WBAY

http://wbay.com/2016/07/25/verizon-buys-yahoo-for-4-83b-marking-end-of-an-era/Yahoo FILE – This Jan. 14, 2015 photo shows a sign outside Yahoo’s headquarters in Sunnyvale, Calif. Yahoo is trying to phase out passwords with an update to its mobile application for its email service. The renovated app released Thursday, Oct. 15 … Read More

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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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