Verizon is buying Yahoo for $4.8 billion

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.

Ephraim Batambuze III

Digital guy, Web developer, Tech blogger, Gadgets Reviews, Geeky dad. Twitter:@batambuze WhatsApp/Telegram:+256781665128 Skype:ebatambuze
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