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Remember that $4.8 billion Yahoo deal? Verizon is having second thoughts

Can you hear the price tag dropping? Yahoo announced its sale to Verizon in late July, and yet the acquisition could fall through given the unexpectedly massive breach of at least 500 million Yahoo user accounts.  SEE ALSO: Yahoo dishes the details behind its sale to Verizon in 360-page legal filing Verizon's lawyers said that there is a "reasonable basis" for them to withdraw from the deal, which has yet to close.
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Verizon Sees Yahoo Data Breach as 'Material' to Takeover

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Verizon’s top lawyer said it is “reasonable” that the data breach at Yahoo may be a material change to its takeover of the internet company, leaving the door open to possibly renegotiate the $4.8 billion acquisition.

Verizon might be trying to back out of the Yahoo deal (VZ, YHOO)

Business & Finance : Business Insider: Clusterstock

Verizon's lawyers say the data breach that affected about 500 million Yahoo users could have "material" impact on Verizon's purchase of Yahoo. This story is developing. Refresh for the latest. Join the conversation about this story ...

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 data breach had a "material" impact

Technology : SFGate: Tech News

Silliman didn't say whether Verizon will seek a price reduction, but added that Yahoo will have to convince Verizon if it doesn't believe the breach of at least 500 million users' email accounts had a significant impact on its busin...

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...


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