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Variety

Verizon Looking to Cut Yahoo Deal Price by $1 Billion After Security Breach, Email Spying (Report)

Verizon is not happy about Yahoo’s revelation that hackers stole info on more than 500 million user accounts — and now the telco wants to shave $1 billion off its acquisition offer, the New York Post reported. Yahoo reached a deal in July to sell its core web businesses to Verizon for $4.8 billion. Then, in late September, Yahoo disclosed that… Read more »

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