13-06-2017 17:36 via thedrum.com

Verizon closes Yahoo deal and forms Oath as Marissa Mayer walks away with $23m

Verizon has officially completed its $4.5bn acquisition of Yahoo, with the latter's former chief executive Marissa Mayer resigning as part of the process. 
The completion comes months after it was confirmed that Verizon will merge Yahoo with its AOL assets to form a subsidiary called Oath; a fresh proposition which will be let be ex-AOL chief Tim Armstrong. 
Verizon said that given the "inherent change" to Mayer's role with Yahoo as a result of the transaction meant she
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