Verizon to Buy Internet Pioneer Yahoo

Telecommunications giant Verizon Communications has agreed to buy internet trailblazer Yahoo for nearly $5 billion. Yahoo was under pressure from shareholders who were critical of the company's financial performance over the past eight years. The transaction will likely end the four year reign of Yahoo CEO Marissa Mayer, a former Google executive. Mayer will get a severance package valued at $57 million, according to the executive compensation research company Equilar. Yahoo has...

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