Yahoo Soon To Be Sold Out To Media Company

Yahoo! as we all know that is one of the
most popular and used mailing system. But
now, yahoo is going down on it worth. On the
off chance that you dont know, Yahoo in
2000 was worth about $255 billion. But now,
Yahoo is now worth about $34 billion. No
condition is permanent, see how might yahoo
has been devalued. Yahoo is now up for sale
and bidders have been bidding.

Big companies that are interested in acquiring
Yahoo are media companies, such as the
Daily Mail and Time Inc. Other companies
such as Verizon, Quicken Loans, TPG are
also bidding.

Companies have been bidding
about $3.5 billion to over $5 billion.
Word has it that Mozilla is set to benefit
from this sale. In 2014, Yahoo had a pact
with Mozilla to be their default search engine.


Part of the deal states that, if Yahoo gets
sold, Mozilla can chose to find other
partners, and yet receive annual payments of
$375 million until the end of 2019.