Verizon buying Yahoo for $4.8 billion

After months of bidding, Verizon will officially acquire Yahoo’s operating business. The acquisition will go for $4.83 billion in cash, and consist of Yahoo’s advertising technology, mobile and search content, including Yahoo Sports, Yahoo Finance and Tumblr. This massive acquisition follows Verizon’s purchase of AOL for $4.4 billion in May 2015. The combination of both…