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Actionable news in VZ: VERIZON COMMUNICATIONS,

Verizon Acquiring Yahoo! Is Great in Theory, But It Could Easily Become a Huge Mess

Verizon (VZ) has long been viewed as the front-runner to buy Yahoo!'s (YHOO) core business. The telecom giant has deep pockets, is obsessed with creating a digital media empire and is unique among reported Yahoo bidders in its ability to combine Yahoo! with another major online media asset -- namely, AOL -- to obtain scale and cost synergies.

It looks like Verizon is on the verge of getting its wish -- Bloomberg, CNBC and Re/code all report a Verizon/Yahoo! deal is close, with multiple reports stating the sale price is around $5 billion and excludes Yahoo!'s patents. But unless the AOL...


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