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Verizon seeks US$1 billion discount on Yahoo offer

Verizon Communications is pressing for a US$1 billion discount on its pending US$4.83 billion takeover of Yahoo Inc., the New York Post reported, citing unidentified sources. The Yahoo deal team is pushing back against any attempts to negotiate the price down, the paper said. In July, Verizon agreed to buy Yahoo’s core internet properties, setting the […]

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