Verizon to offload Yahoo, AOL for $6.4 billion

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Verizon to offload Yahoo, AOL for $6.4 billion

Ends expensive and unsuccessful run in the media and advertising world.

Verizon Communications is getting rid of its media businesses that include iconic brands Yahoo and AOL for US$5 billion (A$6.4 billion), ending an expensive and unsuccessful run in the media and advertising world. Despite spending more than a decade and billions of dollars building a stable of ...

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