Verizon has finally officially acquired Yahoo, and that means Yahoo CEO Marissa Mayer is saying goodbye.
Today, the companies announced Verizon has completed its $4.5 billion deal originally announced nearly a year ago, marking the end of an uncertain chapter in the life of the internet legacy company. In a statement announcing the acquisition, Verizon confirmed Mayer’s resignation, citing “inherent changes” in her role with Yahoo that resulted from the acquisition. With her exit, Mayer will receive a compensation package valued around $23 million.
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