Push back timing of Verizon acquisition of Yahoo


Data breach src="https://www.e-janco.com/images/Securitymanual.png" align=right>Verizon’s
acquisition of Yahoo will not close until this year’s second quarter. The $4.8
billion deal was originally slated to close in the first quarter, but that was
before Yahoo reported two massive data breaches that analysts say may scrap the
entire deal.


Although Yahoo continues to work to close the acquisition, there’s still work
required to meet closing the deal’s closing conditions. Verizon has suggested
that the data breaches, and the resulting blow to Yahoo’s reputation, might
cause it to halt or renegotiate the deal.


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