Verizon is reportedly 'clear favorite' to acquire Yahoo, with a little push from Tim Armstrong

Verizon has emerged as the "clear favorite" to acquire key Internet business assets from struggling search and media giant Yahoo.

According to Reuters, AOL chief executive Tim Armstrong is internally pushing Verizon management along. After spending $4.4 billion to acquire AOL last year, Armstrong is telling management that they can further bolster the company's online content and service's business by buying key assets from Yahoo, as well.

You can read the full Reuters report here

Suggested Articles

Altice USA is giving premium pay to its customer-interfacing employees during the coronavirus crisis, but not all cable technicians will qualify.

T-Mobile this week wrapped up the lengthy process of acquiring Sprint. With the deal done, the company may pick up where it left off on video.

The Hulu app is starting to roll out across the Comcast Xfinity X1 platform after last month showing up on the Xfinity Flex platform.