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December 16, 2016 02:49 am GMT

Yahoo shares tumble as investors fear Verizon acquisition trouble

marissa mayerYahoo shares tumbled 6% on Thursday as investors feared that the latest Yahoo hack could spell bad news for its sale to Verizon. This is the second major hack revelation in recent months and there’s speculation that Verizon could be spooked. Some are wondering if Verizon will ask for a discount on the $4.8 billion dollar deal or scrap it altogether. TechCrunch is owned by Verizon, but we… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MiV-jF2co0g/

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