[caption id="attachment_167964" align="aligncenter" width="635"] via pixabay[/caption] Verizon, the largest wireless communication service provider in the United States of America, announced the creation of a new division -- Oath -- that will house the newly acquired Yahoo and AOL. Verizon bought AOL in 2015 for $4.4 billion. Its acquisition of Yahoo is expected to complete by the end of June 2017. The deal is pegged at $4.8 billion, five times Yahoo's cash flows. Tim Armstrong, the head of AOL who helped spearhead the Yahoo acquisition, on Monday tweeted: Billion+ Consumers, 20+ Brands, Unstoppable Team. #TakeTheOath. Summer 2017. pic.twitter.com/tM3Ac1Wi36 — Tim Armstrong (@timarmstrongaol) April 3, 2017 The two acquisitions by Verizon are looking to break the duopoly in digital advertising by Facebook and Google. Currently, the digital advertising landscape is a duopoly owned by Google and Facebook. Digital research firm eMarketer predicts that the two companies…
