Verizon buying Yahoo for $4.83 billion

by Greg Sterling
Following several rounds of bidding and rumors this weekend, this morning it was confirmed that Yahoo is being acquired by Verizon for $4.83 billion. In 2015 Verizon acquired AOL for roughly $4.4 billion. This means that, effectively, AOL and Yahoo will be merging, a deal once proposed by AOL but rejected by Yahoo before the Verizon acquisition of the former.Read the full article