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Verizon Close To Yahoo Deal, Price Cut Of $250-350 Million: Sources


Ron Burgundy
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FILE PHOTO - A Verizon sign at a retail store in San DiegoSince last year, Verizon had been trying to persuade Yahoo to amend the terms of the acquisition agreement to reflect the economic damage from two cyber attacks. A source told Reuters that the deal, which could come as soon as this week, will entail Verizon and Yahoo sharing the liability from potential lawsuits related to the data breaches. A representative from Verizon declined to comment.




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