Yahoo CEO Marissa Mayer, seen in 2014, wrote a farewell post to employees titled "Nostalgia, Gratitude & Optimism." She signed off with: "Yaho-o-oo! Marissa." Julie Jacobson/AP hide caption toggle caption Julie Jacobson/AP The Two-Way Verizon Closes The Yahoo Deal; Yahoo CEO Marissa Mayer Resigns June 13, 2017 Verizon has completed its $4.5 billion acquisition of Yahoo, folding it and AOL into a digital media subsidiary called Oath. Mayer is expected to receive a $23 million golden parachute as she exits.