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Feb, 2017 : Renegotiations Between Verizon and Yahoo Underway
📅 - It has been reported that Verizon and Yahoo are renegotiating a possible deal. This is due to the hacking reports from Yahoo, which surfaced once Verizon showed interest in acquiring the company.
Verizon is asking for a reduction in price by about $250 million from the original price of $4.8 billion. Verizon also wants to rename Yahoo Altaba Inc., once the deal has closed. They have also asked for any ongoing legal responsibilities to be shared by the two companies, if they are related to the security breaches.
Reads: 826 | Category: General | Source: TheHN : The Hosting News
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