Yahoo appears near deal to sell core assets

Yahoo is near a deal to sell its core online assets, ending a 20-year run as an independent company for one of the most storied names on the internet. Media reports said Yahoo, which introduced many users around the world to the internet, was close to selling its main assets for $5 billion. The online news site Re/Code reported that telecom giant Verizon had emerged as the buyer unless another bidder boosted the price.