Verizon Buys Yahoo!: In Position to Become Third Largest Ad Network
It’s official—Verizon announced that it will acquire Yahoo!’s core business for $4.83 billion.
This news comes just one year after Verizon purchased AOL for $4.4 billion, making it the second time Verizon has snatched up the remnants of a once-thriving Internet company.
Now, the telecommunications leader hopes to combine Yahoo! and AOL to form an online powerhouse.
It’s official—Verizon announced that it will acquire Yahoo!’s core business for $4.83 billion.
This news comes just one year after Verizon purchased AOL for $4.4 billion, making it the second time Verizon has snatched up the remnants of a once-thriving Internet company.
Now, the telecommunications leader hopes to combine Yahoo! and AOL to form an online powerhouse.
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