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Verizon Throws Cold Water On Yahoo Deal Over Hacking Scandal

By David Shepardson WASHINGTON (Reuters) - Verizon Communications Inc said on Thursday it has a “reasonable basis” to believe Yahoo Inc’s massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company. Verizon ’s general counsel Craig Silliman told reporters at a roundtable in Washington the data breach could trigger a clause in the deal that would allow the U.
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