June 13, 2017 / 2:21 PM / 3 months ago

BRIEF-Verizon completes Yahoo acquisition, Mayer resigns from Yahoo

June 13 (Reuters) - Verizon Communications Inc:

* Verizon completes Yahoo acquisition, creating a diverse house of 50+ brands under new Oath subsidiary

* Given inherent changes to Marissa Mayer’s role with Yahoo resulting from closing of transaction, Mayer has chosen to resign from Yahoo

* Tim Armstrong, former CEO of AOL, is now CEO of Oath, which is part of Verizon’s media and telematics organization Source text for Eikon: Further company coverage:

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