Yesterday’s close of Verizon’s Yahoo acquisition is being hailed as the end of an era—but it is also the end of a long, thorough, and painstaking M&A process by Yahoo and their investment bankers. Joel did a good job a couple months ago of outlining the story of the sale, and all its twists and turns, as well as the lessons that middle-market technology companies can take from the process.

To mark the occasion of the closing of the deal, we’ve prepared a sizable infographic to walk you through the process Yahoo went through of selecting an acquirer—in the end, not all that different than what we’re doing for our clients every day here at Corum.

Yahoo-Verizon Timeline