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Verizon Signals Cold Feet Over Yahoo Deal

Verizon last week indicated that its $4.8 billion acquisition of Yahoo could be in jeopardy in light of the company’s delay in disclosing a massive 2014 data breach that compromised about 500 million account holders. Verizon may need some additional assurances, suggested General Counsel Craig Silliman. “I think we have a reasonable basis to believe right now that the impact is material.”

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