Report: Verizon considering acquisition of Yahoo

Looks like Verizon is considering a major acquisition – and they’re using the CEO of their last major acquisition to explore the opportunity. According to Bloomberg, Verizon has tasked AOL CEO Tim Armstrong with looking into a possible acquisition of Yahoo. (The latter company has been enduring some well-documented struggles lately.) The Bloomberg report clarifies that Verizon has not actually made an official offer to Yahoo. Neither Verizon nor Yahoo have commented on the story, which relies on an anonymous insider.

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