Verizon Communications Inc. announced to buy Yahoo’s core assets for $4.8 billion before the market opens, said two people with direct knowledge of the situation who asked not to be identified because the information isn’t public. This deal includes Yahoo real estate assets, while some intellectual property is to be sold separately, Yahoo will be left with its stakes in Alibaba Group Holding Ltd. and Yahoo Japan Corp., with a combined market value of about $40 billion.
Now this deal ends a Era of a Web Pioneer, this isnt a happy ending for the Yahoo as no one in yahoo have even thought about this deal with Verizon .. and its time when all set to go with Verizon.
Now this deal ends a Era of a Web Pioneer, this isnt a happy ending for the Yahoo as no one in yahoo have even thought about this deal with Verizon .. and its time when all set to go with Verizon.
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