Friday, 18 August 2017

Verizon takes $500m charge on Yahoo deal

By Nick Wood, Total Telecom
Monday 19 June 17

U.S. telco expects acquisition to generate $1 billion in opex synergies by 2020.

Verizon late last week revealed it will record a $500 million charge on its $4.48 billion acquisition of Yahoo. In an SEC filing on Thursday, the U.S. telco said the pre-tax charge will be recorded in the second quarter…

Verizon late last week revealed it will record a $500 million charge on its $4.48 billion acquisition of Yahoo. In an SEC filing on Thursday, the U.S. telco said the pre-tax charge will be recorded in the second quarter…

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