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Wednesday, June 14, 2017

Verizon closes Yahoo deal, Mayer steps down

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Verizon closes Yahoo deal, Mayer steps downThe completion of the acquisition marked the end of Yahoo as a stand-alone internet company, a tech pioneer once valued at more than $100 billion. Verizon, the No. 1 U.S. wireless operator, is combining Yahoo with AOL, which it bought two years ago, to form a venture called Oath, led by AOL CEO Tim Armstrong.

June 14, 2017 at 04:02AM

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