Jul 232016
 
 July 23, 2016  Business

Alex Sherman, Ed Hammond, and Scott Moritz report:

After months of leaks and speculation, Verizon Communications Inc. has emerged as the most likely buyer of Yahoo! Inc.

The deal, which may be announced in the next few days according to people familiar with the matter, will likely bring to an end the tumultuous reign of Chief Executive Officer Marissa Mayer, who tried and failed to re-invent Yahoo as an independent company. If finalized, the nation’s largest wireless carrier would add the iconic web pioneer and its millions of daily users to a growing stable of media properties.

Verizon is discussing a price close to $5 billion for Yahoo’s core internet business, one of the people said.

Read more on Bloomberg.

So a major player  in government surveillance will now have access to your email accounts? Is that it?

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