Verizon Nears Deal to Acquire Yahoo (bloomberg.com)

Posted by msmash on Friday July 22, 2016 @02:00AM from the big-whale-small-whale dept.

Verizon Communications is nearing a deal to buy Yahoo, Bloomberg reports, citing people familiar with the matter. While nothing is official yet, the publication claims that Verizon is discussing a price close to $5 billion for Yahoo's core Internet business. The report adds that Yahoo's patents are not part of the discussion, and it's unclear whether the two companies are considering Yahoo's real estate. "The companies may be ready to announce the deal in the coming days, the people said," the report adds. Interestingly, CNBC, citing its own sources, is independently reporting the same thing.

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Verizon has $ to Burn by turkeydance · 2016-07-22 02:18 · Score: 3, Informative

this is proof
Re:Why? by tomhath · 2016-07-22 03:18 · Score: 3, Informative

it seems to heavily imply that the value of Yahoo's stake in Alibaba would be the primary reason
Verizon is only buying the internet part of Yahoo, not the Alibaba investment. They split that part out but don't want to sell it because of the capital gain tax burden.
Re:Exists as an Alibaba holding company. Plus mail by CrashNBrn · 2016-07-22 04:00 · Score: 3, Informative

Wrong. Yahoo is only selling its "core" business. This deal has absolutely zero to do with Yahoo's Alibaba stake.