Verizon, the leading mobile phone operator of the United States, said on Tuesday, 21, who has agreed to buy the internet business of Yahoo for $4.48 billion, about $350 million less than the original price. Now, the negotiations should end in the second half of this year.
The U.S. phone company tried to persuade Yahoo to change the terms of the agreement to reflect the economic damage of two cyber attacks. The closing of the deal, which was first announced in July, was postponed while companies assessed the financial consequences of security breaches that Yahoo unveiled last year.
Under the amended terms, Yahoo and Verizon will share financial responsibilities related to some government investigations and lawsuits from third parties related to the violations.
The deal will combine the search capabilities, email and messaging from Yahoo, as well as advertising technology tools with the AOL unit. Yahoo will still be responsible for liabilities of actions and investigations by the Securities and Exchange Commission (SEC), which regulates the U.S. capital markets.
O Estado de S. Paulo - 21/02/2017
News Item translated automatically
Click HERE to see original
