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Verizon would consider buying core Yahoo business: report

Media | 12/08/2015 2:48 pm EST

Verizon Communications Inc. would consider buying Yahoo Inc.'s core Internet business, which includes its email, news and sports sites, as well as its advertising technology, according to a report by Reuters. An article quoted Verizon chief financial officer Fran Shammo, speaking at the UBS annual global media and communications conference in New York on Monday, as saying: "If we see there is a strategic fit and it makes sense for our shareholders and we can return value, I mean we’ll look at it. But at this point it’s way too premature to talk about that one.”...