Looks like what we say coming concerning Yahoo is soon becoming a reality.

A new report indicates Yahoo’s board has settled on Verizon, with the price being approximately $4.8 billion.

It should be noted that last year, Verizon bought AOL for $4.4 billion.

It’s not clear what Verizon’s plans are for Yahoo yet, but there is a big possibility of merging it together with AOL.

We will keep you posted in case of any new developments.