Yahoo acquired by Verizon in $128 billion:
After months of speculations, negotiations, and rounds of meetings, finally Yahoo! is sold. According to WSJ, citing person familiar with the matter, Verizon acquires Yahoo! for $4.8 billion.
The board of Yahoo! has also accepted the terms and conditions of the Verizon offer, ending the much-talked auction process for the Internet major that rocked the market once.
