Verizon acquires Yahoo! web activities for $4.83 billion
Yesterday came the confirmation of the agreement for which Verizon will acquire Yahoo! web activities for $4.83 billion to be paid in cash. The deal doesn’t include some Yahoo! activities such as the partecipation in the Chinese eCommerce Alibabawhich will form a new company. The acquired business will be integrated with those of AOL, acquired by Verizon just over a year ago.
