Verizon Communications Inc. Chief Executive Officer Lowell McAdam suggested a price cut of as much as $925 million for the deal to buy Yahoo! Inc.’s internet assets after revelations of massive online security breaches surfaced last year, according to a regulatory filing.
Verizon suggests price cut of up to $925m for Yahoo deal
The logo of Dow Jones Industrial Average stock market index listed company Verizon is seen at a retail store in San Diego, California April 21, 2016. REUTERS/Mike Blake
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