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Yahoo's sale price drops after cyber attack revelations

Former Staff Member

Verizon, who announced last July that they would betaking over Yahoo, have now lowered their purchase offer of Yahoo - from 4.8 billion USD to 4.48 billion USD - a drop of 350 million USD - ouch!

The cyber attacks from 2013 and 2014, were only made public last year and the revelation has had a significant impact on the value of the company.

Definitely something for other companies to think about in this age of increasing cyber attacks

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