The Register: Yahoo! cleanup! will! cost! Verizon! half! a! billion! bucks!

The Register: Yahoo! cleanup! will! cost! Verizon! half! a! billion! bucks! . “Verizon says it will have to write off $500m for severance and integration costs on its acquisition of Yahoo! The telco told the SEC it would mark down the $500m charge in its next quarterly report as it cuts unneeded staff and offices and mixes the rest in with AOL.”

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