You are here

Yahoo delays US$4.8b sale of core business to Verizon

San Francisco

YAHOO said on Monday that its US$4.8 billion deal to sell its core Internet assets to US telecom titan Verizon has been delayed several months.

The closing of the deal, originally set for this quarter, has been pushed into the next quarter due to "work required to...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to