- Speaking with Jim Cramer of CNBC's "Mad Money" on Friday, Verizon (NYSE:VZ) CEO Lowell McAdam confirmed that his company is weighing a bid for Yahoo (YHOO).
- "At the right price, I think marrying up some of their assets with AOL and the leadership would be good," he declared.
- Verizon previously described its strategy as being broken into three tiers: having great connectivity, holding traffic-driving platforms, and owning content.
- Previously: Verizon says any rumors of a bid for Yahoo are "false" (Jan. 28 2016)
Verizon confirms interest in buying Yahoo
Recommended For You
About VZ Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
VZ | - | - |
Verizon Communications Inc. |