Economy
Sunday, 24 July 2016
In just a few hours, the deal is to be announced: Verizon buys the core business of the weakened internet group Yahoo to .
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The US telecoms group Verizon wants to take over the core business of Internet company Yahoo for five billion dollars by Reuters information. The acquisition should be announced on Monday before the start of trading on Wall Street, said a person familiar with the matter person.
Analysts had the value of the Internet and e-mail division of Yahoo in six to eight billion dollars estimated. If Yahoo no one was available for comment. Verizon declined to comment.
The Internet company is weakening for a long time in his ancestral search and advertising business and it will repel why. Because Yahoo can hardly oppose something his rivals Google and social network Facebook. The investments in the Chinese online retailer Alibaba and Yahoo Japan are now worth much more than their own internet business.
More aboutAccording to insiders, and the telecommunications group AT & were; T and some billionaire investors interested in Yahoo
.
Source: n-tv.de
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