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Verizon Nears Deal to Acquire Yahoo (bloomberg.com)

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.

2 of 70 comments (clear)

  1. 5bn? by Big+Hairy+Ian · · Score: 4, Insightful

    I wouldn't give you 5 bucks for Yahoo

    --

    Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.

  2. Re:Verizon is the devil by gtall · · Score: 2, Insightful

    You are giving the Republican party too much credit. Most of the money people hate Bam-Bam Trump and realize he's not worth the hairspray he uses. The Republican Party no longer exists. There is some decaying skeleton that Bam-Bam has picked up for a high-pitched dog whistle.

    The House Republicans are split among the Praise the Lord and Pass the Ammunition sector and the Cut Taxes and We'll All Be Rich Sector. The Senate Republicans are split between the same groups. Neither gives a flying rat's ass about Wall Street given that they wanted to screw them by denying any them any bailout funds. They also wanted to deny GM and Ford any as well, so you couldn't call them crony capitalists. And that moron from Alabama Richard Shelby, between bouts of Alzheimer's dementia, has holed up any funds for the Export-Import Bank on the grounds it might help American business compete in a world awash with state owned companies.

    The Golfer-in-Chief is no better, the TTCP allows that state owned companies are viable capitalist entities and allows foreign companies access to the American court system way beyond any access they currently have.

    By the way, most of the wealthy are not corrupt, get your head out of your 60's ass.