The bids are all in, and Verizon’s the big winner. Well, both “big” and “winner” are relative, especially with news of a brutal Q2 for Marissa Mayer and her crew, but nevertheless, Yahoo’s core business is now Verizon’s in exchange for $4.8 billion – NYTimes and WSJ and Bloomberg
Tesla’s shareholders may not be fully on board with its recent takeover of SolarCity, and it’s catching plenty of flak for Autopilot mishaps, but damned if Elon Musk isn’t just clipping right along – NYTimes and WSJ
For banks these days dipping a toe in the person-to-person money-transfer game [think Venmo, clearXchange, QuickPay, etc.], the name of the game is speed – WSJ
The Hershey Trust has reportedly resolved its ongoing dispute with Pennsylvania’s AG over its governance ahead of a July 31 deadline to address such issues, now leaving it to shift gears and focus fully on the Mondelez takeover bid – NYTimes and Bloomberg
The Fed meets this week, and though most expect it to sit tight on rates, the Journal says don’t be surprised if it starts laying the groundwork for a September hike – WSJ
Some trouble at home for IMF chief Christine Lagarde. Here’s what’s up – NYTimes and Law360
Fraud charges have apparently led to the liquidation of the $1.25 billion hedge-fund firm Platinum Partners, whose manager was linked to an alleged bribery scheme a month ago – WSJ
So long, Donna. LVMH is selling a fashion brand for just the second time in 30 years – NYTimes and Bloomberg
SWAK, MLB style. When you’re 19 ½ games back, you’ll take some love wherever you can get it – Vine