After four years of unsuccessful efforts to re-launch, Yahoo! seems now near the end of its history as an independent company. According to US media reports, Verizon could announce the acquisition of its core business as early as Monday, which includes services such as Yahoo News and Yahoo Mail, for a figure of around $ 5 billion. Yahoo! has already announced that it had received an offer on Saturday afternoon with the other candidates in the running, particularly the funds TPG and Dan Gilbert, founder of Quicken Loans, which Warren Buffet said it was ready to provide financial support.
Yahoo, final close with Verizon
the idea to Verizon would be to merge the online activities Yahoo! and AOL, impoverished noble other Internet acquired last year. The direction of this new conglomerate would be entrusted to the boss of AOL, Tim Armstrong. The operation would thus end the adventure of Marissa Mayer, who had not lit little hope at the time of his landing in Yahoo! in 2012, but which had yet to announce a net loss of $ 440 million in the second quarter of this year .
Verizon, which will publish its quarterly results Tuesday morning, declined to comment on the rumor. The group never wanted to confirm that it has submitted a bid, although it has never hidden his interest in Yahoo !. No longer able to count on growth of their numbers in the mobile phone market, Veriozon has long been trying to diversify its business and strengthen its position in the field of video and advertising online, today’s market dominated by Google and Facebook.
hands Verizon Yahoo !, 5 billion for web
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