Verizon bought the company Yahoo for $4.83 billion. The major cell phone company is planning to merge the company with AOL, the company the Verizon bought last year. With the purchase, Verizon will also own all of the products by Yahoo like Flickr and Yahoo mail. CEO of Yahoo, Marissa Mayer said that she plans to stay because she loves the company and will become in charge of both Yahoo and AOL.
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