Combined Company to Operate as Edgio, Delivering Significantly Increased Scale and Scope with Diversified Revenue Across Products, Clients, Geographies and Channels and an Expanded Total Addressable Market of $40 Billion
Yahoo to Receive All Stock and Will Invest $30 Million Demonstrating Conviction in Combined Company’s Growth Plans; Will Own 31.9% of Pro Forma Company and Appoint Three Directors
The Strategic Spinoff Delivers Enormous Value and Opportunity for Yahoo as Edgio Scales…
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