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After Yahoo data breach, Verizon hints that it could pull out of $4.83B deal

"I think we have a reasonable basis to believe right now that the impact is material."
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Yahoo data breach could have 'material impact' on deal with Verizon

Technology : L.A. Times Tech Blog

Verizon’s deal to buy Yahoo for $4.83 billion could be on shaky ground after the Internet company disclosed last month a 2014 data breach that affected at least 500 million Yahoo accounts. The breach — one of the largest in the hist...

Yahoo Stock Slides After Verizon Counsel Questions Deal

Business & Finance : Zero Hedge

Yahoo stock is sliding after Reuters reports Verizon's generl counsel commented that there is a "reasonable basis" to believe Yahoo email data breach had a material impact on deal. Verizon Corp's general counsel, Craig Silliman, sai...

Verizon: ‘We have to assume’ Yahoo’s massive hack is a major deal

Technology : Post Tech

Verizon is doubling down on language it used last week to describe the massive, historic data breach affecting an estimated 500 million Yahoo accounts — a move that puts even greater pressure on the beleaguered Web company as it see...

Verizon says Yahoo data breach had a 'material' impact

Technology : Physorg: Technology news

Verizon's top lawyer says it now has reason to believe Yahoo's recently disclosed data breach has a "material" impact on Verizon's pending $4.8 billion acquisition of Yahoo. That leaves open the possibility that Verizon could seek a...

Verizon Says Yahoo Hack Could Have “Material Impact” Affecting Acquisition

Industries / Entertainment Industry : Deadline Hollywood

Verizon hinted again this morning that it will continue to press for a price cut — said to be about $1 billion — in its $4.83 billion deal to buy Yahoo’s assets following the recent disclosure of a major 2014 security breach. Yahoo ...


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