Verizon said to be near deal to acquire Yahoo
Takeover could be worth close to US$5b and both firms are hoping to announce a deal as early as this week, source says
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
THE end of Yahoo as an independent company may be near, and Verizon - long considered the leading contender to buy the ageing web pioneer - is the most likely acquirer.
The two companies are in advanced talks over a takeover of Yahoo that could be worth close to US$5 billion, a person briefed on the matter said on Friday.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
