Verizon, Yahoo Agree to Cut Merger Price by $350M

The transcript discusses the $350 million reduction in the Verizon-Yahoo deal due to data breaches. It highlights the impact of these breaches on the transaction and the legal and financial implications for both companies. Verizon aims to move forward without further damaging its reputation, focusing on its digital strategy despite the challenges posed by the breaches.

What responsibilities will Yahoo retain after the deal regarding the legal costs from the breaches?

What credibility issues does Verizon face following the data breaches?