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Can Verizon Cut Yahoo Acquisition Price?

  • Bloomberg, Thursday, December 15, 2016 2:28 PM
In light of a second major e-mail hack affecting up to 1 billion Yahoo users, Verizon is reportedly trying to cut the price it previously agreed to pay for the Web relic. “While a Verizon group led by AOL Chief Executive Officer Tim Armstrong is still focused on integration planning to get Yahoo up and running, another team, walled off from the rest, is reviewing the breach disclosures and the company’s options,” Bloomberg reports.

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