Around the Net

Verizon May Walk Away From Yahoo

  • Bloomberg, Thursday, December 15, 2016 2:42 PM

Verizon's general counsel is investigating whether to scuttle the deal to purchase Yahoo for $4.8 billion, or renegotiate the price, in light of the company's disclosure that hackers stole data associated with 1 billion accounts in 2013.

“As we’ve said all along, we will evaluate the situation as Yahoo continues its investigation,” Verizon said in a statement emailed to Bloomberg.  

Read the whole story at Bloomberg »

Next story loading loading..