Monday, January 23, 2017

Yahoo surprises no one by pushing back its Verizon acquisition close date

SUNNYVALE, CA - MAY 23: A sign is posted in front of the Yahoo! headquarters on May 23, 2014 in Sunnyvale, California. (Photo by Justin Sullivan/Getty Images) Yahoo reported its fourth quarter earnings to date, where as usual the financial metrics don’t really matter because the company is in the process of getting acquired by Verizon. There is, however, a very interesting footnote: the acquisition, expected to close in the first quarter, is getting pushed back to the second quarter this year. The company offered basically no explanation for… Read More

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