- Feb 14, 2016
- 648
Following the revelation in December of a second huge security breach in which a billion accounts were compromised, not only is it under investigation by the Securities and Exchanges Commission (SEC) in the US but its acquisition by Verizon is going to be delayed.
It’s worth stressing, even if only to allay the fears of any onlooking lawyers, that there does not appear to be any suggestion that the deal will not go ahead. It’s not happening in the original time frame, however.
Source: Verizon’s $4.8bn acquisition of Yahoo put on hold after breach revelations
It’s worth stressing, even if only to allay the fears of any onlooking lawyers, that there does not appear to be any suggestion that the deal will not go ahead. It’s not happening in the original time frame, however.
Source: Verizon’s $4.8bn acquisition of Yahoo put on hold after breach revelations