July 25, 2016 BY Valentina Kirilova
Yahoo sold to telecommunications giant Verizon
Verizon Communications Inc. (NYSE:VZ) has confirmed $4.83 billion buyout of online pioneer Yahoo (NASDAQ: YHOO), marking end of an era for company that once defined the internet. The telecoms giant has been the leading candidate in Yahoo's four-month sale process. By pairing Yahoo with AOL, Inc. (NYSE:AOL), which Verizon bought in May 2015 for $4.4…
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