Yahoo's future could be decided on Monday after reports that Verizon Communications wants to acquire it company in a $ 4,8 billion deal.
A Bloomberg publication invoking a source from the inside states that the deal will be announced before the markets open 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 gave slightly more than it paid for AOL a year ago, and the purchase is intended to bolster its offerings advertisingand content of her telecommunications company. THE technology Yahoo's Brightroll will probably be one of the hubs points of this agreement.
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.