Verizon knocks $350M off Yahoo sale after data breaches, now valued at $4.48B

 After the disclosure of two massive data breaches last year, today Yahoo and Verizon finally confirmed new terms for the sale of Yahoo to Verizon: Verizon will pay $350 million less than originally planned, working out to a price of $4.48 billion to acquire Yahoo. The two have also agreed to share legal and regulatory liabilities after the massive data breach at Yahoo, which affected some… Read More

from https://techcrunch.com/2017/02/21/verizon-knocks-350m-off-yahoo-sale-after-data-breaches-now-valued-at-4-48b/?ncid=rss