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Verizon to incur $500 mln in pre-tax costs from Yahoo deal
2017年6月15日 / 下午2点21分 / 5 个月前

Verizon to incur $500 mln in pre-tax costs from Yahoo deal

June 15 (Reuters) - Verizon Communications Inc said on Thursday it expected to incur about $500 million in pre-tax expenses in the second quarter as a result of its $4.48 billion purchase of Yahoo Inc’s core business.

The expenses are related to severance payments, acquisition and integration, Verizon said in a regulatory filing.

Verizon also said it expected to save over $1 billion in operating costs through 2020 as a result of the Yahoo deal, which closed on Tuesday. (Reporting by Anya George Tharakan in Bengaluru; Editing by Sai Sachin Ravikumar)

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