Verizon and Yahoo have agreed to cut the acquisition price by $350 million. The new price tag for Yahoo’s core Internet assets is $4.48 billion, all in cash. The deal is expected to close in the second quarter of this year. The two companies have also agreed to split the cost of any legal liabilities resulting from the security breaches. There have been doubts about the deal for months due to concerns that the breaches would lead to costly lawsuits and lost users. The U.S. Senate has also begun probing Yahoo over the breach.”]
Source: https://money.cnn.com/2017/02/21/technology/yahoo-verizon-deal/index.html