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Verizon still buying Yahoo despite that epic security breach

The 2 agree on a US$350m discount off the initial price of US$4.8b; loss of active Yahoo users 'minimal'
Thursday, February 23, 2017 - 05:50


WHEN reports surfaced last week that Verizon was renegotiating its deal to acquire Yahoo, some analysts were stunned to learn how little of a price cut the telecom giant was seeking - around US$250 million - despite the Web company's historic mis-steps with customer security.

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