Verizon secures $350m discount on Yahoo deal

Verizon and Yahoo on Tuesday agreed a $350 million discount on the price that Verizon will pay to acquire Yahoo.The reduction lowers the value of the deal – originally agreed in July 2016 – to $4.48 billion from $4.83 billion.Verizon and Yahoo have also agreed to share certain legal and regulatory liabilities arising from the massive data breaches that Yahoo disclosed last year…read more on TotalTele.com »