At the time, the multiple offers valued Yahoo's web businesses from about $4 billion to $6 billion, except for Verizon, a person familiar with the matter said. Today, the company is worth less than $38 billion, including its valuable Asian assets. Verizon will pay cash in a deal that includes Yahoo real estate, but excludes some intellectual property which will be sold separately. Verizon, the largest U.S. wireless carrier, also gets smaller but faster-growing assets including mobile applications and advertising technology for video and handheld devices. Verizon's bid was lower — from $3.75 billion to $4 billion — because it didn't include Yahoo's patents and real estate.

Source: thestar July 25, 2016 11:26 UTC