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Verizon all set to acquire Yahoo
By: Tupaki Desk | 23 July 2016 1:16 PM GMT
The talks for acquisition of Yahoo internet assets by telco giant Verizon seems to be in the last leg stage. Right from the beginning, Verizon is the strong contender to acquire Yahoo Internet assets. The deal was struck for around $5 Billion (Rs 33,575 crore) and official announcement is expected by next week.
Analysts say, Yahoo might consider Verizon's offer a safe bet. The company might only sell it Internet Assets but not Real Estate Assets & Patents. In the current scenario, No other firm except Verizon would come forward to acquire Yahoo assets.
Currently, Verizon have 140 million users. The company now wishes to bring an Advertising Technology Platform to emerge as a competitor for Facebook and Google. So, It is eyeing the 200 million Yahoo users improving its Advertisement base.
Yahoo shares have risen by 18 percent so far in 2016. That's an impressive trend and certainly tempting the Buyers.
Analysts say, Yahoo might consider Verizon's offer a safe bet. The company might only sell it Internet Assets but not Real Estate Assets & Patents. In the current scenario, No other firm except Verizon would come forward to acquire Yahoo assets.
Currently, Verizon have 140 million users. The company now wishes to bring an Advertising Technology Platform to emerge as a competitor for Facebook and Google. So, It is eyeing the 200 million Yahoo users improving its Advertisement base.
Yahoo shares have risen by 18 percent so far in 2016. That's an impressive trend and certainly tempting the Buyers.
