Verizon nears deal to buy Yahoo for $5 billion

After months of speculations, Verizon, USA’s largest wireless carrier is most likely to buy Yahoo, ending the turbulent reign of CEO Marissa Mayer, who tried and failed to reinvent the once indomitable search giant. The price tag of $5 billion includes Yahoo’s core internet business and real estate assets.

Written by Shaik Zakeer Hussain

Shaik Zakeer Hussain is a former Sr. Correspondent at NextBigWhat. You can get in touch with him here: linkedin.com/in/shaikzakeerhussain or follow him here: twitter.com/zaknetic.