Monday, July 25, 2016

Verizon reaches agreement for the purchase of Yahoo – Express

The US telecoms group Verizon will acquire Yahoo for 4.8 billion (EUR 4.4 billion), an operation that is made public today, on Monday, according to the “Wall Street Journal “.

the journal ensures that the business encompasses the main activity of Yahoo, the Internet, and its real estate assets, citing sources close to the operation. Yahoo already going through a long crisis several years ago, which led to a sharp devaluation of its market value, which has exceeded the 125 billion (EUR 114 billion).

With merger of Yahoo, Verizon. – the largest mobile telecommunications company in the United States, seeks to strengthen its focused strategy in digital media and advertising

Various means of American communication came heralding on Friday -feira that Verizon was left with the last option on the sale of the Yahoo, looking for a long time a buyer for your main internet business.

currently, the market capitalization of Yahoo amounts to 36 000 million (EUR 33 billion), but the bulk of this amount is attributed to its holdings in the Chinese e-commerce group Alibaba and Yahoo Japan, not to your internet business.
Yahoo recently presented a loss of 537 million (EUR 489 million) in the first half, a figure that compares with earnings of $ 2.9 million (EUR 2.6 million) achieved in the same period last year.

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