Official: Yahoo snapped up by Verizon in $4.8 billion deal
Clever Cupcakes reader comments 32 Share this story Verizon has confirmed earlier reports that it will buy ailing Internet pioneer Yahoo in an all-cash deal with a price tag of nearly £3.7 billion ($4.8 billion). The sale doesn't include Yahoo's shares in Alibaba, Verizon said. Yahoo's Japan shares, its non-core patents, and minority investments are...
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