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Verizon Said to Announce $4.8 Billion Yahoo Takeover Monday

  • Deal is said set to arrive before regular trading opens
  • Agreement would end months of speculation amid bidding process

Verizon Communications Inc. will announce its plans to buy Yahoo! Inc. for about $4.8 billion on Monday, according to a person with direct knowledge of the situation.

The takeover is expected to be announced before the market opens, the person said, asking not to be identified because the information isn’t public. The deal includes Yahoo real estate assets, while intellectual property assets are expected to be sold separately, the person...


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