Verizon of major telecommunications company to acquire Yahoo's net division for over 500 billion yen

ByJosh Hallett

Due to poor performanceAdvance worker arrangement,Yahoo was looking for a sale destination for the net business. NegotiationNot only acquisitions but related costs become expensiveIt seems that it was decided that the major communication company Verizon, which has been rumored to be a major candidate, has acquired over 500 billion yen, although it was reported that it is difficult to predict.

Verizon 'agrees $ 5bn Yahoo deal' - BBC News
http://www.bbc.com/news/business-36879831


Verizon and Yahoo are set to announce an exclusive $ 5 billion deal - Recode
http://www.recode.net/2016/7/23/12263772/verizon-and-yahoo-set-to-announce-exclusive-5-billion-deal-as-other-bidders-drop-out


According to contents reported as related source information, Verizon agreed to acquire Yahoo's net division at about 5 billion dollars (about 530 billion yen).

Yahoo has been looking for a seller of the business following the arrangement of the staff, as the performance of the net division has not improved so far.

In addition to Verizon, which was reported to have reached an agreement this time, candidates for selling, as well as AT & T, Comcast,Private Equity FundThe names of Bain Capital, Coleburg, Kravis Roberts, TPG Capital and others were cited. According to the sources, these candidates are said to have been informed that Verizon was decided at the end of the four month negotiations.

By the way,Verizon presented $ 3 billion (about 300 billion yen) on business acquisitionIt was thought that it would be necessary to add even more 1 billion dollars (about 100 billion yen) at the maximum if the related expenses are combined. The agreed amount this time was even higher than that.

The acquisition has not been decided by this, and Verizon remains a big challenge of obtaining an agreement from shareholders about processing of about 500 billion yen.