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Yahoo Sells Web Business to Verizon for $4.8 Billion

Internet Service Provider Verizon is acquiring Yahoo’s core businesses for $4.8 billion. For Verizon, the acquisition will help it gain Yahoo’s 1 billion monthly active users, its internet properties and key applications like search and email, and its advertising systems. It will also be Verizon’s second acquisition and integration of a web company, having acquired […]

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