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Yahoo Trims Its Price Tag To Verizon By $350 Million

Previously announced price of $4.8 billion has been cut by $350 million. The concession is less than an expected $1 billion cut. More than 1 billion email accounts had been compromised in the two biggest security breaches in history. The breaches occurred in 2013 and 2014, and Yahoo revealed them last year. There have been fears that the Verizon deal with Yahoo could be shelved or see a much-reduced takeover price. The deal has been reduced to $350 billion, reducing investor concerns.”]

Source: https://www.darkreading.com/attacks-breaches/yahoo-trims-its-price-tag-to-verizon-by-350-million

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