An era in the history of interest is going to end soon. Yahoo is being bought by Verizon for $4.83 billion. This acquisition by Verizon will make its hold more strong in the world of digital media & advertising which the company is trying to build. This will also bring a closure for Yahoo which has been in troubled water for long.

The complete terms for the acquisition are not yet know but this brings a closure to one of the most famous and long running company in the world of internet. Keep an eye on this posts for more updates on this news. Verizon is a New York based US telecom giants.