Verizon has lowered its Yahoo acquisition offer by $250 million, say reports

Verizon is expected to close a revised deal to buy Yahoo at a reduced price — about $250 million less than the original offer. The price dip follows the disclosure of two security breaches at Yahoo in recent years.
Bloomberg reported the lower offer this morning, additionally claiming that both parties in the deal are expected to share legal responsibilities related to the cyber breaches. Reuters reports that the final price reduction could in fact be as high as $350 million.
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