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Great reporting by alex sherman over the last few days for this. The verizon sale will not include yahoo cashiers in alibaba, and verizon will be integrated with aol. Alex sherman is joining us now. You scooped this on friday. Talk us through what happened in the last 72 hours because there were still stumbling brocks tumbling blocks on friday. Alex verizon was always a favorite and we have been talking about that since january. Verizon upped its bid. In the last round of bids, verizon was still only bidding between 3. 75 billion and 4 billion. That was not the high bid. Yahoo had more or less...

Brent a decline of 49 cents. Couple big corporate stories to tell you about. The biggest one, its final. Its here. Verizon set to announce an agreement today to buy yahoo for 5 billion. Sources telling us that yahoo will no longer an operating company after this. It will become a Holding Company for stakes . Alibaba and yahoo japan. Has a small platen portfolio to sell. Marissa mayer not expected to stay on after the deal is completed. Her severance, expected to be 57 million. Well have a lot more on the story in a couple of minutes. Other news as well. Tesla and solar city, theyre reportedly ...

Senator tim kaine has emerged as t leading contender. Last night at the Republican Convention, gop nominee donald trump set the tone for the Upcoming Campaign against clinton. Heres what he said. I have visited the laid off factory workers and the communities crushed by our horrible and unfair trade deals. These are the forgotten men and women of our country, and they are forgotten, but theyre not going to be forgotten long. These are people who work hard but no longer have a voice. I am your voice. He makes the sale. Joining us now, veteran strategist, vim weber and former Cruz Campaign spoke...

Few moments. The dnc kicks off amid country controversy over leaked emails. The ceo will join us in the next hour first up verizon announcing the deal to acquire yahoo s core business for 4. 8 billion in cash. Verizon plans to combine the internet asset with aol. The Real Estate Holdings in that action. Marissa mayer will join us in a few moments once that Conference Call ends. Wow. This day has been a long time coming, jim. Yeah. And i think that the i remember speaking to Lowell Mcadam many months ago when he said this could happen and a clear vision if you gave it to Tim Armstrong they coul...

Some bids today for sure. I dont expect an announcement today or, frankly, anytime too soon. Frankly, the whole process has been a bit of kabuki theater, in my opinion, and i think if im sitting there and looking at bids, ill analyze those. Probably go back and forth if im bankers and the company, to those bidders. It also sounded to me, some bidders might have needed a little more time. I expect some bids today, analyze that. Maybe a week, two weeks, beginning of august. The only wild card, i think, could be if somebody lobs in a, you know, over the top bid and says, were going to give you 48...