Verizon Says Yahoo Breach Could Impact Purchase Price


Verizon signaled that Yahoo’s massive data breach disclosed three weeks ago was a significant event that could halt the telecom giant’s $4.8 billion purchase of the tech firm’s core business. “I think we have a reasonable basis to believe right now that the impact is material,” Verizon General Counsel Craig Silliman said of the breach, speaking to a small group of reporters at a roundtable.

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