Verizon, like every other company must continually find new pathways for growth going forward. That’s why several years ago they acquired both AOL and Yahoo. I never saw the benefit and thought it was a big mistake. Now, several years later, apparently Verizon CEO Hans Vestberg agrees.
Verizon is selling AOL and Yahoo for about half what it paid. They are selling to the owner of the Venetian casino in Las Vegas. Not sure what they see with this purchase, but at least…
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