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February 21, 2017 01:35 pm GMT

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

yahoo-verizonAfter the disclosure of two massive data breacheslast year, today Yahoo and Verizon finally confirmednew terms forthe 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

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