Home Page News Briefs People Media Telecom Archives About Us GET FREE NEWS UPDATES
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

TAGGED AS CRAIG SILLIMAN

Yahoo breach could jeopardize sale, Verizon says

Media | 10/14/2016 7:12 pm EDT

The breach of millions of Yahoo Inc. email accounts revealed in late September could affect the acquisition of the company by Verizon Communications Inc., Reuters reported. The news service quoted Verizon general counsel Craig Silliman as saying Thursday that the breach could trigger a clause in the acquisition deal that would allow Verizon to withdraw. “I think we have a reasonable basis to believe right now that the impact is material and we're looking to Yahoo to demonstrate to us the full impact. If they believe that it's...