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July 25, 2016 11:29 am GMT
Today Verizon confirmed that it plans to acquire Yahoo’s core assets — search, advertising and content, along with Yahoo’sSunnyvale real estate — for $4.83 billion in cash. That business will in turn be combined withAOL, which Verizonacquired last year for $4.4 billion. Tim Armstrong, CEO of AOL (which owns us), said that it’s all about scale for his company… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ovZS7B_XZpo/
AOL CEO on Yahoo deal: We want to get to 2B users [Memo]
Today Verizon confirmed that it plans to acquire Yahoo’s core assets — search, advertising and content, along with Yahoo’sSunnyvale real estate — for $4.83 billion in cash. That business will in turn be combined withAOL, which Verizonacquired last year for $4.4 billion. Tim Armstrong, CEO of AOL (which owns us), said that it’s all about scale for his company… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ovZS7B_XZpo/
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