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Completed
Synopsis
Yahoo, a global media and tech company, completed the acquisition of Commonstock,a broker-agnostic social and community-based platform. Financial terms were not disclosed. "Our vision for Yahoo Finance is to be the premier singular destination for all our customer’s financial needs. Our platform caters to every stage of the investment process - from providing pre-trade market news and analysis, facilitating engaging pre- and post- trade conversations within our community of like-minded investors, to offering effective self-directed portfolio management tools and insights. Acquiring Commonstock reinforces this vision. The Commonstock team has built a trusted community, sharing high-quality insights and knowledge that help everyday investors create wealth. Together, Yahoo and Commonstock will further empower investors of all skills and levels through a one-stop shop for smart financial decisions,” Tapan Bhat, Yahoo Finance President.
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