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Verizon confirms interest in buying Yahoo

Feb. 08, 2016 2:02 AM ETVerizon Communications Inc. (VZ) StockAABA, VZBy: Yoel Minkoff, SA News Editor59 Comments
  • 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)

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