24-07-2016 18:49 via feedproxy.google.com

Yahoo reportedly will be acquired by Verizon in $4.8 billion deal

Yahoo’s future may be decided on Monday, following reports that the company will be acquired by Verizon Communications in a $4.8 billion deal.
Citing a source with direct knowledge, Bloomberg reported that the agreement could be announced before markets open on Monday. It will drastically change the course of Yahoo’s future, one that has been wrought with failed turnaround attempts by multiple leaders. Verizon was said to have won the bid after a battle among numerous
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