Yahoo confirms delay to Verizon deal closure
By Nick Wood, Total Telecom
Tuesday 24 January 17
Eminently hackable Internet company reports 15% increase in fourth quarter revenue.
Yahoo late on Monday confirmed the completion of its sale to Verizon has been pushed back to the second quarter.
The Internet company originally expected the transaction to close during the first quarter.
"However, given work required to meet closing conditions, the transaction is now expected to close in Q2 of 2017. The company is working expeditiously to close the transaction as soon as practicable in Q2…
Yahoo late on Monday confirmed the completion of its sale to Verizon has been pushed back to the second quarter.
The Internet company originally expected the transaction to close during the first quarter.
"However, given work required to meet closing conditions, the transaction is now expected to close in Q2 of 2017. The company is working expeditiously to close the transaction as soon as practicable in Q2…
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