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Verizon says Yahoo hack ‘material,’ could affect deal

October 14, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – Verizon Communications Inc said on Thursday it has a “reasonable basis” to believe Yahoo Inc's massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company. Verizon's general counsel Craig Silliman told reporters at a roundtable in Washington…

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Verizon says Yahoo hack ‘material,’ could affect deal