Category: Yahoo Merger

Massive Yahoo Data Breach Interferes With Potential Merger

Posted by in Data Breach, Yahoo Merger, Yahoo!

The December 14 data breach of internet giant Yahoo has done more than simply compromise the online security of millions of users. The financial woes of Yahoo are legendary, but the company recently caught a break when telecommunications giant Verizon proposed a merger and acquisition deal.   Financial analysts have estimated that the Verizon acquisition…

Verizon Threatens to Back Out of Yahoo Merger Deal Because of Email Hack

Posted by in Email Hack, Verizon, Yahoo Merger

Verizon is openly threatening to back out of its $4.83 billion deal with Yahoo, due to latter’s September announcement of a gigantic email hack that occurred nearly 2 years ago. According to Verizon’s general counsel, Craig Silliman, “…we have a reasonable basis to believe right now that the impact is material and we’re looking to Yahoo…


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