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June 13, 2017 02:32 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9y8mfjQMmFc/
Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer resigns [Memo]
It’s now official. After Yahooshareholder approval last week, Verizon today announced that it has finally closed its acquisition of Yahoo, which it plans to combine with its AOL assets into a subsidiary called Oath, covering some 50 media brands (including TechCrunch) and 1 billion people globally. It will be led by Tim Armstrong, who was the CEO of AOL before this. As expected,… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/9y8mfjQMmFc/
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