15-12-2016 17:06 via feedproxy.google.com

Verizon could kill its $4.8 billion deal with Yahoo (VZ, YHOO)

Verizon is reconsidering its $4.8 billion purchase of Yahoo, Bloomberg reported on Thursday.
After Wednesday's announcement that 1 billion Yahoo account credentials had been stolen as far back as 2013, Verizon is reportedly considering scrapping the deal entirely.
Bloomberg says Verizon may also bargain to reduce the $4.8 billion price it agreed to pay for Yahoo in July.
A team led by Verizon's general counsel is assessing the damage from the breaches, Bloomberg reports. This team is walled off
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