Source |
Network World |
Identifiant |
297466 |
Date de publication |
2017-01-23 15:17:14 (vue: 2017-01-23 15:17:14) |
Titre |
Yahoo pushes back timing of Verizon deal after breaches |
Texte |
Verizon's planned acquisition of Yahoo will take longer than expected and won't close until this year's second quarter, the internet company said on Monday.The $4.8 billion deal was originally slated to close in the first quarter, but that was before Yahoo reported two massive data breaches that analysts say may scrap the entire deal.Although Yahoo continues to work to close the acquisition, there's still work required to meet closing the deal's closing conditions, the company said in an earnings statement, without elaborating.Verizon has suggested that the data breaches, and the resulting blow to Yahoo's reputation, might cause it to halt or renegotiate the deal.To read this article in full or to leave a comment, please click here |
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acquisition after although analysts article back before billion blow breaches but cause click close closing comment company conditions continues data deal earnings elaborating entire expected first full halt has here internet leave longer massive may meet might monday originally planned please pushes quarter read renegotiate reported reputation required resulting said say scrap second slated statement suggested take than there timing two until verizon will without won work yahoo year |
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Stories |
Yahoo
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