Verizon is on the verge of buying Yahoo

July 24, 2016 7:19 PM

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Verizon is in final negotiations for a $5 billion deal for Yahoo's web business; the deal could be announced as early as Monday.

Two years ago — an epoch in Silicon Valley time — AOL chief executive Tim Armstrong proposed a merger to Yahoo chief executive Marissa Mayer.

Also read: AT&T set to announce $85 billion Time Warner purchase

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