Monday, July 25, 2016

Today Verizon announced that it will acquire Yahoo for $4.83 billion. Under the deal, Verizon will acquire Yahoo's brands and email services, which has around 225 million monthly active users. In addition to Yahoo's massive user base, Verizon will gain Yahoo's advertising services and analytics services. Verizon says it expects the acquisition to be completed by the first quarter of 2017. Until then, Yahoo will continue to operate independently.


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