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verizon announces deal to buy yahoo! for $4.8 billion - home battery pack

2019-12-29

Meritsun Battery

108

Verizon (VZ -Get Report)
Buy Yahoo today! (YHOO)for $4. 8 billion.
Yahoo was valued at $125 billion.
It is widely expected that Yahoo will become the holding company of Alibaba. BABA -Get Report)
Marissa Mayer, Yahoo Japan and CEO, will not stay at Yahoo.
She is expected to spend $57 million. Tesla (TSLA -Get Report)and SolarCity (SCTY)
Reuters reported that the merger was close to voting.
Elon Musk is a major shareholder of the two companies.
According to the original proposal, Tesla will buy SolarCity for $2.
8 billion of all stock transactions.
The merger will create a "one-stop" for customers to purchase solar equipment integrated with home battery packs ".
Nintendo warned that the financial impact of Pokemon Go was limited.
After the company said it only owns 32% of Pokemon, shares have plunged most since 1990.
The Democratic National Convention was held in Philadelphia today.

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