for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the transaction and continue to be led by CEO Guru Gowrappan. https://www.verizon.com/about/news/verizon-media-be-acquired-apollo-funds 2008: Microsoft bids $44.6 billion to buy Yahoo https://www.reuters.com/article/us-microsoft-idUSWNAS894220080201
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