Basking Ridge Local Business
Local business in Basking Ridge, NJ
Yesterday | via CRN
Following reports last week suggesting that Verizon was seeking a discount for its $4.83 billion purchase of Yahoo, the two companies on Tuesday confirmed that each has agreed to a $350 million price cut, shaving the value of the deal to $4.48 billion. The renegotiated deal comes in the wake of the two massive security breaches on Yahoo's network that came to light after Verizon agreed to buy the ailing Internet giant's assets. Comment?
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