Verizon completes purchase of Yahoo for $4.48 billion

Back in July 2016, Verizon announced that it had agreed to purchase Yahoo, for $ 4.83 billion. Following the acquisition, Verizon would combine Yahoo’s assets with AOL (which it bought in 2015) to form a new entity called ‘Oath.’ Today the purchase has concluded, with the final sale price at $ 4.48 billion.

The variation between the first agreed price and the final price can be attributed to the multiple data breaches that were discovered during the purchase.

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Verizon completes purchase of Yahoo for $ 4.48 billion was written by the awesome team at Android Police.

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