Market Blog

The acquisition of Yahoo by Verizon

VZ –. Verizon Communications Inc, provides communication, information and entertainment worldwide. VZ– Verizon Communications Inc Fundamentals Previously closed at 56.10 Day's high 56.95 Day's low 55.63 P/E ratio 12.65 EPS 4.41   Analysts opinion Verizon announced today that it would buy Yahoo’s core business at $4.83 Billion in cash to expand its digital advertising and media business. Verizon had bought AOL last year for $4.4Billion, and the acquisition of Yahoo