Home Page : Archive News : March 2017 News : Verizon sought $925 mln discount for Yahoo merger, got $350 mln

Verizon sought $925 mln discount for Yahoo merger, got $350 mln

March 14, 2017

NEW YORK, March 13- Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc's core assets following two massive cyber attacks at the internet company, according to a Yahoo filing. In early February, Verizon Chief Executive Officer Lowell McAdam told Yahoo director Tom McInerney a price reduction as high...

Source: http://www.cnbc.com/2017/03/13/reuters-america-verizon-sought-925-mln-discount-for-yahoo-merger-got-350-mln.html
 
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