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“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]