Verizon has reportedly placed AOL CEO Tim Armstrong in charge of exploring a possible bid for Yahoo. Verizon acquired AOL in 2015 for $4.4 billion and Armstrong has since remained in charge of the AOL division. Yahoo has been the subject of acquisition rumors as of late thanks to the company’s share price which has declined more than 30% over the last year. Yahoo also recently announced that it would cut 15% of its workforce as part of new strategic initiatives.
See the following visualizations which compare the 1-year and 10-year performance of shares of Verizon and Yahoo, as well as a number of relevant financial figures regarding the possible acquisition.
VZ vs YHOO 1-Year Returns
VZ vs YHOO 10-Year Returns
Yahoo Inc. (YHOO) Number of Employees
Yahoo Inc. (YHOO) Revenue Breakdown
Verizon Communications Inc. (VZ) vs. Peers Percent Change Over Time – 3 Months
Yahoo Inc. (YHOO) vs. Peers Percent Change Over Time – 3 Months
