- Yahoo said Monday that the closing of a $4.8 billion deal to sell its core assets to US telecom titan Verizon has been delayed several months.
A close originally set for this quarter has been pushed into next quarter, the pioneering internet firm said while releasing quarterly earnings figures that showed a profit of $162 million in the final three months of last year.
"Yahoo has continued to work with Verizon on integration planning for the sale of its core business," the company said in a release.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©