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Verizon Communications on Monday announced plans to acquire Yahoo for $4.8 billion in cash, ending months of uncertainty after Marissa Mayer's battered internet giant company said it would review strategic alternatives.
Share prices of both companies initially moved slightly higher in premarket trading after the announcement, but they turned lower. By early afternoon, Yahoo was down 2.7 percent.
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Share prices of both companies initially moved slightly higher in premarket trading after the announcement, but they turned lower. By early afternoon, Yahoo was down 2.7 percent.
@SMSgt Minister Gerald A. Thomas , Capt Christopher Mueller , CPT (Join to see) , COL Mikel J. Burroughs , Sgt Joe LaBranche , SSgt (Join to see), TSgt Hunter Logan Capt Seid Waddell SrA Christopher Wright LTC Stephen F. PO2 Ed C. PO2 Mark Saffell MSG Tom Earley PVT James Strait Alan K. @po1 william "chip" PO1 William "Chip" Nagel @SGT John McConnell SGT John " Mac " McConnell, LTC Stephen C., @sgt robert george SGT Robert George
Verizon to acquire Yahoo in $4.8 billion deal
Posted from cnbc.comPosted in these groups: 
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Posted >1 y ago
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