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Verizon is buying Yahoo for $4.8 billion

NEW YORK (CNNMoney) — It’s official: Yahoo’s days as an independent company are over. Verizon has agreed to pay $4.83 billion for Yahoo, the companies said before markets opened Monday. The sale completes Yahoo’s evolution from influential search pioneer and web portal juggernaut to, in the end, a once-dominant brand that lost its way. Parties […]

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