Verizon nears deal to buy Yahoo for $5 billion

Tech

Verizon nears deal to buy Yahoo for $5 billion

After months of speculations, Verizon, USA’s largest wireless carrier is most likely to buy Yahoo, ending the turbulent reign of CEO Marissa Mayer, who tried and failed to reinvent the once indomitable search giant. The price tag of $5 billion includes Yahoo’s core internet business and real estate assets.

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