Verizon To Buy Yahoo’s Core Business For $4.8 Billion (report)

The board of Yahoo officially agreed to sell its core assets to Verizon, according to a New York Times report on Sunday. The deal is expected to be announced on Monday, ending months of speculation. The sale entails Yahoo’s core Internet business; the company’s stable of patents will be sold separately, as would its multibillion-dollar...

Topics:  verizon   new york times   yahoo s   internet   yahoo   business   billion   report   
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