Comment on Yahoo salvages Verizon deal with $350 million discount

Yahoo salvages Verizon deal with $350 million discount

SAN FRANCISCO — Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. After the Verizon deal closes, any future bills stemming from the hack will be shouldered by Altaba Inc.

 

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