Verizon to offload Yahoo, AOL for $5 billion

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By Austine in Business
Updated 3 years ago

Verizon Communications Inc (VZ.N) is getting rid of its media businesses that include iconic brands Yahoo and AOL for $5 billion, ending an expensive and unsuccessful run in the media and advertising world. Despite spending more than a decade and billions of dollars acquiring a stable of internet brands, the...

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