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Verizon buys Yahoo for $4.5 B

Verizon Communications Inc (VZ.N) said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's (YHOO.O) core business and that Marissa Mayer, chief executive of the internet company, had resigned.

The completion of the acquisition marked the end of Yahoo as a stand-alone internet company, a tech pioneer once valued at more than $100 billion.  Read more.

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