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Verizon Communications acquires Yahoo! for $4.83 billion in cash, marking the end of Yahoo!'s independent existence after more than 20 years. This deal allows Verizon to expand its digital media and advertising capabilities by integrating Yahoo!'s online properties, such as Yahoo! Mail, Yahoo! News, and Yahoo! Sports. It signifies Verizon's strategic move to strengthen its position in the competitive digital content and mobile markets.
Sunday, 24 July, 2016