WHAAAAT.! After Rejecting Microsoft's $45Billion Offer, Yahoo Is Now Selling To Verizon For $4.8Billion

Telecommunication company Verizon, announced yesterday, Monday, 25th of July that they'll be buying Yahoo's Internet business for $4.83Billion.

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The deal was reached over the weekend, Verizon plans to keep most of Yahoo’s current products, including its still popular email service, and invest in them to make them stronger.
However recalled that, in 2008, Microsoft was willing to pay up to $48 Billion for Yahoo, an offer that was rebuffed.