YAHOO DAYS AS AN INDEPENDENT COMPANY IS NOW OVER

Verizon has agreed to pay $4.83billion for yahoo(YHOO, TECH30) the company says before market open on Monday. The completes yahoos evolution from influenctial search pioneer and Web portal juggernaut to, in the end  a once dominate brand that lost his way.
 parties as diverse as Warren Buffet and The daily mail were interested in buying yahoo but after a sale process that dragged for months Verizon( VZ, TECH30) long viewed as the frontrunner is walking away with yahoo's more one billion monthly active users.
 Current Yahoo shareholders will keep the company's lucrative investment in Chinese e-commerce giant Alibaba and Yahoo Japan. They will be spun into separate yet to be known publicly traded company. The deal also excludes some patent and Yahoo cash.

The Verizon deal must be approved by regulators and is expected to be finalized in the first quarter of 2017.
THE SALE put an end to Yahoo's 21- years as an independent company. YAHOO will now be integrated with Verizon owned AOL under Marni Walden, an executive vice president under the telecom company. ...Click on Cnn.money.com for more