HALISTER: Verizon, Yahoo Agree to Cut Deal Price By $350m

Verizon, Yahoo Agree to Cut Deal Price By $350m

(Bloomberg) -- Verizon Communications to reduce price it will pay to acquire Yahoo’s operating business by $350m.
  • In addition, Verizon and Yahoo will share certain legal and regulatory liabilities arising from certain data breaches incurred by Yahoo
  • Deal now valued at ~$4.48b in cash
  • Earlier, Verizon, Yahoo Said to Agree to Cut Merger Price: WSJ
  • Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
VZ US (Verizon Communications Inc)
YHOO US (Yahoo! Inc)

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