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Verizon Would Explore Yahoo Deal If It Made Sense, CFO Says

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  • Too early to know if Yahoo's board is going to sell: Shammo
  • Yahoo's ad tech, online businesses could be strategic fit

Verizon Communications Inc. would explore a possible acquisition of Yahoo! Inc. if a deal made sense, Verizon Chief Financial Officer Fran Shammo said.

Shammo, speaking at an investor conference in New York Monday, said that while it still wasn’t clear what Yahoo’s board has planned for the tech company, Verizon would take a look if it were to be offered up for sale. Yahoo directors met last week to discuss the viability of spinning off its stake in Alibaba Group Holding Ltd. and whether to seek a buyer for Yahoo’s Web businesses.