Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer resigns [Memo]

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  • Rustys
    PCHF Member
    • Jul 2016
    • 7862
    #1

    Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer resigns [Memo]

    Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer resigns [Memo]
    By Ingrid Lunden
    4 hours ago


    It’s now official. After Yahoo shareholder approval last week, Verizon today announced that it has finally closed its acquisition of Yahoo, which it plans to combine with its AOL assets into a subsidiary called Oath, covering some 50 media brands (including TechCrunch) and 1 billion people globally. It will be led by Tim Armstrong, who was the CEO of AOL before this.

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    • veeg
      PCHF Director
      • Jul 2016
      • 8982
      #2
      (y)

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