Digital: Verizon acquires Yahoo!, including Yahoo! Sports, for $4.83bn (€4.4m)

Verizon, an American telecommunications group, announced that it has reached an agreement to acquire the US internet group Yahoo!, on 25/07/2016. The amount of the transaction is valued at $4.83bn (€4.4bn), and it includes the Yahoo! Sports sites dedicated to fantasy leagues (virtual sports leagues played on the internet) in the United States.

Yahoo!'s operations will be integrated into the same department as AOL, an internet services company acquired by Verizon for $4.4bn in the summer of 2015. Verizon, the wireless partner of the NFL until 2018, publishes, notably, the mobile application of the American football league which allows users to stream certain events. Verizon is also a partner of the NBA for the 2016-2019 period.

The 15% stake held by Yahoo! in Alibaba, a Chinese conglomerate specialising in e-commerce, is not included in the acquisition, nor is its stake in Yahoo! Japan. These assets are worth an estimated $41bn (€37.3bn), and will be held by a new investment company listed separately to Yahoo!.

Objective: "(Create) a top global mobile media company," (Lowell McAdam…