Yahoo slashes price of Verizon deal $350 mn after data breaches
Yahoo slashed the price of the sale of its core Internet business to Verizon by $350 million following a pair of major data breaches at Yahoo, the two companies announced Tuesday.
Feb 21, 2017, 19:13 PM ISTVerizon close to Yahoo deal, price cut of $250-350 million
Verizon Communications Inc is close to a revised deal to buy Yahoo Inc`s core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter.
Feb 15, 2017, 23:27 PM IST