Actionable news
0
All posts from Actionable news
Actionable news in YHOO: Yahoo! Inc.,

Here’s Why Yahoo! (YHOO) Stock Is Up Today

NEW YORK (TheStreet) -- Shares of Yahoo! (YHOO) are increasing 1.13% to $39.29 late Friday afternoon as Verizon Communications (VZ) has emerged as the most likely buyer of its core Internet business, Bloomberg reports.

The agreement could be announced in the next few days, sources told Bloomberg.

Verizon is discussing a price near $5 billion for Yahoo's core Internet business, one source said. Although the deal does not include the company's patents at this stage, it includes real estate assets.

If the deal goes through, Verizon would add the Internet pioneer and its...


More