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July 25, 2016 07:44 am -04

Verizon is buying struggling giant Yahoo for $4.83 billion

After months of gesturing and negotiations, Yahoo has finally found a buyer: Verizon. The mobile operator, which is also the parent company of AOL and Engadget, confirmed today that it will pay $4.83 billion for Yahoo's web business. All of the compa...

Original Link: https://www.engadget.com/2016/07/25/verizon-buys-yahoo/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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