Verizon closes in on completing Yahoo deal with up to $350m slashed from initial price

Verizon Wireless is reportedly close to finalizing its proposed takeover of Yahoo, minus anywhere between $250-to-$350m from the initially agreed $4.8bn sale price, according to sources close to the negotiations. 
The renegotiated deal is close to completion, but repeated reports of security breaches, compromising anywhere up to 1 billion Yahoo accounts, have led for the acquirer to push for the significant mark down in price, according to a source cited by Bloomberg. 
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