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Verizon seeks US$1bn discount on Yahoo deal following security breach

Connectivity BusinessbyConnectivity Business
October 7, 2016
in Investments, Space Services
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Verizon Communications is reportedly asking for a US$1bn discount on its US$4.8.bn offer it submitted two months ago to buy Yahoo’s core internet assets. The request comes in the wake of Yahoo revealing that it suffered a cyber attack in 2014 and that passwords and usernames of half a billion email accounts were stolen. Verizon Communications (NYSE:VZ) is reportedly asking for […]

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