Today ends the long-running effort by Yahoo! Inc. to remain an independent company. Verizon Communications Inc. announced plans to acquire Yahoo's core assets for slightly over USD 4.8 billion.

The transaction includes Yahoo's real estate assets, while some intellectual property will be sold separately. Yahoo will retain its stakes in Alibaba Group Holding Ltd. and Yahoo Japan Corp., whose combined market value is approximately USD 40 billion.

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After months of speculation and increasing pressure from investors, including Starboard, the deal marks the final outcome for the internet pioneer Yahoo. Verizon will undoubtedly benefit, significantly increasing its user base. The acquisition will position Verizon as the third major player in digital advertising, after Google and Facebook.

Summary

Verizon Communications Inc. announced the acquisition of Yahoo's core assets for slightly over USD 4.8 billion, ending the company's prolonged effort to remain independent. The transaction includes real estate assets, while some intellectual property will be sold separately. Yahoo will retain stakes in Alibaba Group Holding Ltd. and Yahoo Japan Corp. with a combined market value of approximately USD 40 billion.

The acquisition strengthens Verizon's position in the digital advertising market—making it the third major player in this segment, after Google and Facebook. The decision came after months of speculation and rising investor pressure, including from the Starboard fund.