That deal is now moving to completion, but the companies cannot be integrated until it is approved by a number of regulatory agencies, as well as Yahoo shareholders. Shareholders are likely to worry that it could lead to an adjustment in the price of the transaction. The scale of the liability could be large and bring untold headaches to the new owners. The announcement, which is expected to come this week, also possible larger implications on the $4.8 billion sale of Yahoo’s core business - which is at the core of this hack - to Verizon. While sources were unspecific about the extent of the incursion, since there is the likelihood of government investigations and legal action related to the breach, they noted that it is widespread and serious.Įarlier this summer, Yahoo said it was investigating a data breach in which hackers claimed to have access to 200 million user accounts and was selling them online. Yahoo is poised to confirm a massive data breach of its service, according to several sources close to the situation, hacking that has exposed several hundred million user accounts.
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