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Provider of communications technology & solutions $VZ said that in 1H16 the company had several strategic milestones. $VZ said that during 1H16, it closed the Frontier transaction, made major moves in its network and reached new contracts with its labor unions. Mainly, $VZ announced its decision to acquire $YHOO's operating business for $4.8Bil.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.