Oath CEO Armstrong considers buying out of Verizon [telecom]

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Oath CEO Armstrong considers buying out of Verizon: Report

By Ben Munson

Oath CEO Tim Armstrong is reportedly considering buying out of Verizon
and spinning out Oath, the combined entity of AOL and Yahoo, as a
standalone company.

According to The Information, talks between Armstrong and Verizon
aren't currently underway, but interest in separating Verizon and Oath
is still present. While Armstrong reportedly wants Oath to be a
standalone company, other investors are pushing for a private equity
funded buyout where Verizon stays on as a shareholder.

https://www.fiercecable.com/video/oath-ceo-armstrong-considers-buying-out-verizon-report

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Bill Horne
(Remove QRM from my email address to write to me directly)

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