Verizon’s $4.8bn acquisition of Yahoo put on hold after breach revelations

Janl1992l

Level 14
Thread author
Verified
Well-known
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
 

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top