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AOL’s Tim Armstrong explains the Yahoo acquisition and what’s next


NelsonG

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tcdisrupt_NY16-4791 Following a months-long bidding process, Verizon announced this morning that it’s acquiring Yahoo’s core business for $4.83 billion. The goal, it seems, is to merge Yahoo with AOL (which Verizon acquired last year) to form a single organization that can compete with digital media giants like Google and Facebook. (AOL, by the way, owns TechCrunch.) The deal is expected to close in… Read More
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