Verizon Ends Yahoo Independence With $4.83 Billion DealBy
Biggest U.S. wireless carrier gains share in digital ads
CEO Mayer’s turnaround effort ends under shareholder pressure
Verizon Communications Inc. agreed to buy Yahoo! Inc.’s web assets for $4.83 billion, ending the company’s two-decade run as an independent business that took it from Stanford University startup at the dawn of the internet age to also-ran behind nimbler online rivals such as Google and Facebook Inc.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.