What will Happen to Yahoo after Completion of Verizonâ€™s Acquisition Deal is a Big Question
Earlier, when Yahoo put up its core business for sale, discussions centered around the topic who will buy the company. Now that Verizon Communication is acquiring Yahoo for $4.83 billion, the next question in line is what are they going to do with Yahoo?
Users who have an email account with Yahoo or people who regularly visit Yahoo Finance and Yahoo Sports may have doubts in their minds whether they will lose their accounts and favorite services when the acquisition is complete next year.
However, nothing is too clear right now, as both companies have not said anything much regarding the brand's future. Last week while announcing the deal, Verizon just mentioned that it plans to merge the new Yahoo properties with its AOL business. Verizon bought the New York City based company last year in a $4.4 billion deal.Â Many people believe that Verizon might keep the Yahoo brand as a sub-brand just as it has maintained AOL. Nothing significant is expected to happen as far as change is concerned in Yahoo, till at least the deal is complete. Earlier, Yahoo CEO Marissa Mayer said, that Verizon is interested in keeping the Yahoo brand. However, she said, "We haven't even scratched the surface" how things will be run after the takeover.