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Verizon Effort To Cut $1B From Yahoo Deal Leaves Investors Unfazed

Yahoo investors appear to be unmoved this morning by a story saying that Verizon, concerned about disclosures that the internet company failed to protect users’ privacy, wants to slash $1 billion from its $4.83 billion acquisition deal.
Yahoo’s stock price is down less than 1% after the New York Post reported that Tim Armstrong from Verizon-owned AOL recently met with Yahoo executives to argue for a price cut. The company’s said to be resisting, saying it wants to stick…

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