Verizon has managed to ensure the acquisition of Yahoo, for 4.8 billion dollars (about 4.37 billion euros), advances to Bloomberg, which cites directly source familiar business.
The offer must be announced before the opening of uS markets.
The millionaire business is extended to real estate assets held by Yahoo, but assets related to intellectual property will be sold separately. Bloomberg adds that Yahoo will keep their positions in Chinese Alibaba and Yahoo Japan, which have a combined market capitalization of 40 billion dollars.
With this deal will end the saga of Yahoo that for months seeking buyer. In the absence of an agreement has advanced with restructuring plans. Bloomberg adds, even, that this sale will end the “reign” of Marissa Mayer, who tried to reinvent Yahoo without success.
Bloomberg did not receive an official comment to this news. But with its mature mobile operations, Verizon will maintain Yahoo’s business almost intact, to try to compete with Google and Facebook in the competitive field of digital advertising. Incidentally, this business will double the size of this division at Verizon.
In the Friday, July 22, Bloomberg forward that would soon purchase of Yahoo by Verizon, which incidentally led to the rise in shares on the stock exchange. On that day, Yahoo rose 1.36% to $ 39.38, while Verizon appreciated 1.32% to $ 56.10.
In the race to Yahoo were also AT & T and Quicken Loans, and Vector Capital and TPG. The deal comes two years after the fund, which is considered an activist investor, has begun to press for changes in Yahoo, including the attempt to force a merger with AOL, denied by Marissa Mayer. But February finally admitted it was considering a sale.
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