Jul 25, 2016 : Verizon Makes Plans to Buy Yahoo!


📅 - Many reports are showing that Verizon, a broadband telecommunications company, is ready to buy the internet company Yahoo! An announcement was made earlier this year by that it would cut about 15% of its workforce to help regain profitability. While Verizon is reportedly going to buy Yahoo! analysts are not exactly sure what they plan to do with the company.

Verizon is headquartered din New Jersey and offers many services including mobile telephones, internet services and more. Yahoo! is headquartered in Sunnyvale, California and was created in 1994. Verizon has reportedly offered to pay $5 billion for Yahoo!

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