AOL CEO Armstrong’s Yahoo memo: ‘We’ll work closely with Marissa’

 Today Verizon confirmed that it plans to acquire Yahoo’s core assets — search, advertising and content, along with Yahoo’s Sunnyvale real estate — for $4.83 billion in cash. That business will in turn be combined with AOL, which Verizon acquired last year for $4.4 billion. Whether Marissa Mayer, the CEO of Yahoo, will be coming to Verizon too is not yet clear,… Read More