Verizon and Yahoo are set to announce an exclusive $5 billion deal
http://www.recode.net/2016/7/23/12263772/verizon-and-yahoo-set-to-announce-exclusive-5-billion-deal-as-other-bidders-drop-out
Verizon and Yahoo are set to announce that they are striking
an acquisition deal, according to sources close to the
situation. The news is expected by Monday, although that could
come earlier or later. But Yahoo has told other bidders this
afternoon -- those interested in buying Yahoo have included
private equity firm TPG and a group led by Quicken Loans' Dan
Gilbert -- that the telco giant was the winner of the
four-month process, said sources.
- - -
In other words: YAHOO SOLD TO GENERAL TELEPHONE.
--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren
Founder:
- Network Neutrality Squad: http://www.nnsquad.org
- PRIVACY Forum: http://www.vortex.com/privacy-info
Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Member: ACM Committee on Computers and Public Policy
Lauren's Blog: http://lauren.vortex.com
Google+: http://google.com/+LaurenWeinstein
Twitter: http://twitter.com/laurenweinstein
Tel: +1 (818) 225-2800 / Skype: vortex.com
I have consulted to Google, but I am not currently
doing so -- my opinions expressed here are mine alone.
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