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Verizon inks deal to acquire Yahoo for $4.83 bn

Monday, July 25, 2016 | More »

Yahoo! Inc. has agreed to sell its core operations to US telecom giant Verizon Communications Inc. for $4.83 billion in a transaction that marks the end of the Internet pioneer as an independent company after a two-decade-long journey. Verizon’s purchase of Yahoo, which follows its acquisition of ...