Company
Telecom company Verizon buys Yahoo
The fate of Yahoo is decided: As expected, the telecommunications giant Verizon is the buyer. This is an Internet Oldie loses after 20 years of independence.
The Internet pioneer Yahoo loses after a long crisis its independence. For nearly five billion dollars in cash, the core business of the U.S. Telecom group Verizon, as the buyer announced on Monday. Verizon secure a relatively cheap Deal. Because analysts had estimated the value of the Internet and E – Mail arm of Yahoo last six to eight billion dollars.
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ul/whom (rtr, dpa, afp)