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Verizon Close To Yahoo Steal

  • Bloomberg, Wednesday, February 15, 2017 2:46 PM
Verizon Communications is reportedly renegotiating its acquisition of Yahoo from $4.8 billion agreement by about $250 million. The new terms come “after the revelation of security breaches at the web company,” Bloomberg reports. “In addition to the discount, Verizon and the entity that remains of Yahoo after the deal, to be renamed Altaba Inc., are expected to share any ongoing legal responsibilities related to the breaches.”

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