Verizon Selling Tumblr to WordPress Owner
The blogging site was inherited as part of Verizon’s 2017 acquisition of Yahoo, which bought Tumblr in 2013 for $1 billion.
Proposals to Separate Joint CEO-Board Chair Roles Go Nowhere
Each year dozens of shareholder proposals seek to quash potential conflicts of interest by calling for an independent chair. But they hardly ever pass.
FedEx Makes Largest Pension Annuity Purchase in Years
The $6 billion deal could be a harbinger of more such asset de-risking moves by other defined-benefit plan sponsors.
How Revenue Recognition Impacts Pricing Strategy
The new revenue recognition rules demand tight teamwork between pricing and revenue teams.
Leaving Pension Management, and Pension Risk, Behind
A shifting economic and regulatory environment is driving increased pension risk transfer activity.
‘Wannacry’ Spotlights Need for Cyber Liability Coverage
D&O insurance will become more and more valuable to fend off shareholder-driven cyber litigation.
Verizon Outbids AT&T in Battle for Straight Path
With a $3.1 billion offer for the spectrum owner, Verizon "now has all of the pieces in place to quickly accelerate the deployment of 5G."
Yahoo Names Leaders of Post-Sale Company
Thomas McInerney will serve as CEO of the new Altaba company while Alexi Wellman will be its finance chief.
Verizon Gets $350M Discount on Yahoo Deal
The revised sale reflects the diminished value of Yahoo's core business in the wake of two massive security breaches.
Verizon’s Wake-up Call: Cyber Diligence in M&A
Cyber is a relatively new dimension of M&A risk that organizations are only now beginning to grasp.
Verizon Shares Fall 4% on Earnings Miss
The subscriber growth of rivals T-Mobile and Sprint, which offer unlimited data plans, is creating "a competitive challenge" for Verizon.