Verizon Communications Buys Yahoo for 4,8 Billion Dollars

Its future it can be decided today Monday after reports that want her to acquire her in a $ 4,8 billion deal.

A post from citing an inside source says the deal will be announced before the open and will radically change the course of Yahoo, which continues to collapse after many failed recovery efforts by many CEOs. Verizon Communications yahoo

Verizon is said to have won out with its bid among numerous competitors including private equity firm TPG, Quicken Loans, as well as .

In paying $4,8 billion for Yahoo, Verizon gave slightly more than it paid for AOL a year ago, and the purchase is intended to bolster its offerings and content of her telecommunications company. THE Yahoo's Brightroll will probably be one of the hubs of this agreement.

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.

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Written by Dimitris

Dimitris hates on Mondays .....

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