Verizon Explored Possible Sale of Yahoo Finance, Sources Say -Reuters
July 11 2019 - 3:35PM
Dow Jones News
--Verizon Communications Inc. (VZ) explored the possibility of
selling Yahoo Finance earlier this year, Reuters reports Thursday,
citing "three people familiar with the matter."
--Verizon never formally launched a sales process, and recently
ended its search for buyers, the report said.
--Verizon Media said "We do not comment on rumors and
speculation," and added "Yahoo Finance is integral to Verizon
Media's growth strategy," according to the report.
Full story:
https://www.reuters.com/article/us-verizon-media-exclusive/exclusive-verizon-sought-buyers-for-yahoo-finance-sources-idUSKCN1U62AO
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 11, 2019 15:20 ET (19:20 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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