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Verizon to acquire Yahoo’s operating business

Verizon to acquire Yahoo’s operating business

Jul 26, 2016, at 06:27 am

California, July 26 (IBNS): Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. on Monday announce they have entered into a definitive agreement under which Verizon will acquire Yahoo’s operating business for approximately $4.83 billion in cash, subject to customary closing adjustments.

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Verizon to acquire Yahoo’s operating business Tue, Jul 26 2016