Overview of the acquisition of Yahoo! of Verizon

Verizon, a major US network operator, has completed its acquisition of Yahoo! 'S most important services. with a total price of $ 4.48 billion. Both companies officially announced the sale was completed on Tuesday.
Yahoo CEO Marissa Mayer has resigned. In return, she will receive $ 23 million in compensation.
Verizon also expressed gratitude to Mayer when, in a statement, the network's representative wished the former Yahoo! CEO. have been successful in the coming time.
And now, Yahoo! and AOL will become a digital media company under the guidance of Verizon. These two companies will be called Oath.
Verizon's goal of acquiring Yahoo! This is to leverage the strength of the company's identity, thereby developing its online presence.
With the transfer, the change of personnel often occurs. According to a source close to CNN, Verizon expects to cut up to 2,100 employees of the two companies and AOL, in the near future.
See more: Turn on 2-Step Verification for Yahoo! Mail

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