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Verizon Indicates Yahoo Data Breach is Significant Event and Could Halt Acquisition

     
9:26 pm on Oct 13, 2016 (gmt 0)

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Verizon has spoken out over the Yahoo data breach and it's indicating it may affect the $4.8 billion acquisition.

“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. A “material” effect in this case is one that would harm Yahoo's financial value, and make the Web giant less attractive to purchase. Verizon Indicates Yahoo Data Breach is Significant Event and Could Halt Acquisition [washingtonpost.com]


Report: Verizon Wants $1 billion Discount on Yahoo Deal [webmasterworld.com]

Yahoo Confirms 500 Million Accounts Hacked [webmasterworld.com]