US communications giant Verizon looks beyond telecoms, agrees to buy Yahoo for $4,83 billion

By Nigel Gambanga

Verizon, the United States telecoms company has entered into an agreement with Yahoo to buy the web and search company for $4,83 billion. The deal only covers Yahoo’s core internet business and some real estate and does not include Yahoo’s cash, its shares in Alibaba Group Holding Ltd., its shares in Yahoo Japan, and Yahoo’s […]

Articles appeared first on Techzim;
US communications giant Verizon looks beyond telecoms, agrees to buy Yahoo for $4,83 billion

…read more

Read more here:: Techzim Feed