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Yahoo Pulls out of China After 22 Years
Strategy

Yahoo Pulls out of China After 22 Years

The internet services provider cited "the increasingly challenging business and legal environment in China."
By Matthew Heller | November 2, 2021
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Verizon Sells Yahoo, AOL to Apollo for $5B
M&A

Verizon Sells Yahoo, AOL to Apollo for $5B

The deal marks the end of Verizon's effort to provide a digital media alternative to tech behemoths Google, Facebook, and Amazon.
By Matthew Heller | May 3, 2021
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Verizon Selling Tumblr to WordPress Owner
Technology

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.
By Lauren Muskett | August 13, 2019
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Verizon to Take $4.6B Writedown on Media Unit
Strategy

Verizon to Take $4.6B Writedown on Media Unit

After spending $8.9 billion to acquire Yahoo and AOL, the telecom giant is reducing the goodwill value of its media brands to only $200 million.
By Matthew Heller | December 11, 2018
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Pull an Uber and Disclose your Data Breach, Now
Regulation

Pull an Uber and Disclose your Data Breach, Now

Uber's concealment of the breach increased the cyber risk of drivers and customers, as well as the potential loss of trust from investors and governments.
By Joseph Carson | November 22, 2017
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Yahoo: The End of an Internet Giant
Mergers & Acquisitions

Yahoo: The End of an Internet Giant

The assets left over after the the Verizon Communications purchase are now part of a holding company called ‘Altaba.’
By William Sprouse | June 19, 2017
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Yahoo Names Leaders of Post-Sale Company
People

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.
By Matthew Heller | March 13, 2017
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Verizon Gets $350M Discount on Yahoo Deal
Strategy

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.
By Matthew Heller | February 21, 2017
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Verizon’s Wake-up Call: Cyber Diligence in M&A
Risk Management

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.
By Craig A. Newman | February 9, 2017
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Yahoo to Become ‘Altaba’ After Verizon Deal
Risk & Compliance

Yahoo to Become ‘Altaba’ After Verizon Deal

The new name reflects Yahoo's transformation from an internet giant to "essentially a vehicle" for holding a 15% stake in Alibaba.
By Matthew Heller | January 10, 2017
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Slew of Deals Announced
Mergers & Acquisitions

Slew of Deals Announced

It was an active Monday for acquisitions, with four large deals announced, including Verizon's $4.8 billion agreement to acquire Yahoo.
By Vincent Ryan | July 25, 2016
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Yahoo Reaches Board Deal With Activist Fund
Technology

Yahoo Reaches Board Deal With Activist Fund

Starboard Value CEO Jeffrey Smith gets a board seat in a move that may pave the way for a sale of Yahoo's core business.
By Katie Kuehner-Hebert | April 27, 2016
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Yahoo Says Sale of Core Assets a ‘Top Priority’
Technology

Yahoo Says Sale of Core Assets a ‘Top Priority’

The company posted a first-quarter loss but CEO Marissa Mayer said it had made "substantial progress towards potential strategic alternatives."
By Katie Kuehner-Hebert | April 20, 2016
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Yahoo, Activist May be Heading for Proxy Fight
Risk

Yahoo, Activist May be Heading for Proxy Fight

The ailing internet company's board adds some financial muscle with the appointment of two new directors.
By Matthew Heller | March 11, 2016
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