Android Police: Verizon agrees to acquire Yahoo in $4.83 billion deal

Monday, July 25, 2016

Verizon agrees to acquire Yahoo in $4.83 billion deal

It's not exactly a secret that Yahoo has been struggling recently, seeming unfocused and not having any real idea what to do with its products and services. To that end, the company has been looking for a buyer for the last four months, with multiple parties interested in acquiring the stricken, fallen colossus. That process has now come to an end, resulting in Verizon purchasing the 'operating business' (the day-to-day activities and products) of the former web giant for $4.83 billion.

Verizon agrees to acquire Yahoo in $4.83 billion deal was written by the awesome team at Android Police.