Verizon tries to sell Yahoo and AOL after spending  billion on fallen giants

Verizon tries to sell Yahoo and AOL after spending $9 billion on fallen giants

A Yahoo logo.
Enlarge / Yahoo logo at the 2014 International CES conference in Las Vegas.

Getty Images | Ethan Miller

Verizon is reportedly ready to give up on Yahoo and AOL after spending a combined $9 billion on the once-dominant Internet brands that fell from prominence years before Verizon bought them.

“Verizon is exploring a sale of assets including Yahoo and AOL, as the telecommunications giant looks to exit an expensive and unsuccessful bet on…


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