Verizon Yahoo Acquisition

Verizon Communications Inc. (NYSE: VZ)'s proposed acquisition of Yahoo! Inc. (NASDAQ: YAHOO)'s operating business was finalized Tuesday. Deal Details The deal was put on hold earlier this year after the internet giant disclosed new revelations about various security breaches. Reports surfaced last...

Shares of Yahoo! Inc. (NASDAQ: YHOO) soared to a new 52-week high of $46.72 Wednesday morning following a report that Verizon Communications Inc. (NYSE: VZ) is close to finalizing the acquisition of Yahoo's internet properties. Verizon agreed to acquire Yahoo's internet properties last year for $4....

There are many adjectives that could be used to describe Yahoo! Inc. (NASDAQ: YHOO) after a new data breach disclosed this week could result in Verizon Communications Inc. (NYSE: VZ) walking away from its planned $4.8 billion acquisition of some of Yahoo's assets. Data Breach Ramifications Gadfly's...