Verizon CEO Lowell McAdams last week confirmed that his company was exploring an acquisition of some of Yahoo’s assets, which would be placed under the corporate umbrella of Verizon’s AOL unit. McAdams discussed Verizon’s interest in an interview with Mad Money host Jim Cramer. Giving AOL CEO Tim Armstrong control of some of Yahoo’s assets would be good for investors if a deal could be struck at the right price, McAdams said. Addressing concerns over integrating Yahoo and AOL, McAdams was upbeat.
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Yahoo May Have Found a Lifeline
Posted by: David Jones February 11, 2016 05:00 AMVerizon CEO Lowell McAdams last week confirmed that his company was exploring an acquisition of some of Yahoo’s assets, which would be placed under the corporate umbrella of Verizon’s AOL unit. McAdams discussed Verizon’s interest in an interview with Mad Money host Jim Cramer. Giving AOL CEO Tim Armstrong control of some of Yahoo’s assets would be good for investors if a deal could be struck at the right price, McAdams said. Addressing concerns over integrating Yahoo and AOL, McAdams was upbeat.