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Verizon Pushes For $1 Billion Discount On Yahoo Deal: New York Post


Ron Burgundy
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The logo of Verizon is seen in San Diego, California(Reuters) - Verizon Communications is pressing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo , the New York Post reported, citing sources. The Yahoo deal team is pushing back hard against any attempts to negotiate the price down, the paper said. U.S. senators accused Yahoo of "unacceptable" delay in discovering the hack and urged the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the public about the hacking attack.




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