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 closure for Yahoo which has been in troubled water for a long.

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