Verizon has confirmed earlier reports that it will buy ailing Internet pioneer Yahoo in an all-cash deal with a price tag of nearly £3.7 billion ($4.8 billion). The sale doesn't include Yahoo's shares in Alibaba, Verizon said.
from My Pocket http://arstechnica.com/business/2016/07/verizon-buys-yahoo-folds-business-into-aol/
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