VERIZON TAKES OVER YAHOO TO COMPLETE $4.5 BILLION DEAL
Jun 16, 2017
2 minutes
Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet’s best-known brands.
Tuesday’s closure of the sale ends Yahoo’s 21-year history as a publicly traded company. It also ends the nearly five-year reign of
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