Yahoo's future could be decided as early as Monday after reports that it wants it Verizon Communications to acquire the company in a $ 4,8 billion deal.
A publication from Bloomberg citing an inside source says that the deal will be announced before the opening of the markets and will radically change the course of Yahoo, which continues to collapse after many failed recovery efforts by many CEOs.
Verizon is said to have won with its offer among numerous competitors such as private equity firm TPG, Quicken Loans, and AT&T.
In paying $4,8 billion for Yahoo, Verizon paid slightly more than it paid for AOL a year ago, and the purchase is intended to bolster its telco's advertising and content offerings. THE technology Yahoo's Brightroll will likely be one of the focal points of this deal.
The final proposals from potential buyers interested in Yahoo were scheduled to be submitted last week.
Yahoo first announced its plans to sell in February as part of an "offensive strategy plan," as outlined by the board.