November 10, 2016 BY Valentina Kirilova
Verizon might back out of its $4.8 billion Yahoo deal over data breach
Online pioneer Yahoo (NASDAQ: YHOO) has formally raised the possibility of Verizon Communications Inc. (NYSE, Nasdaq: VZ) backing out of the $4.8 billion acquisition deal, because of the massive email hack the company announced in September 2016. In the "risk factors" disclosed on Wednesday, Yahoo listed several risks and uncertainties around the pending Verizon deal that…
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