Verizon closes Yahoo deal, Mayer steps down
The 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.
Source:: https://finance.yahoo.com/news/verizon-closes-yahoo-deal-mayer-151701271.html
