Verizon Executive Says Company Unsure About Yahoo Deal (reuters.com)

A senior executive of Verizon said on Thursday the company was unsure about its planned acquisition of Yahoo's internet business. From a report on Reuters: "I can't sit here today and say with confidence one way or another because we still don't know," Marni Walden, president of product innovation and new businesses, said at the Citi 2017 Internet, Media & Telecommunications Conference in Las Vegas.To walk away, Verizon likely will have to show the overall value of Yahoo has declined as a result of the two hacking disclosures. "I have to have certain facts in order to be able to make a decision," she told WSJ. "There's a lot of stuff we don't know."

Comments

Re:Make the deal

[DickBreath]

I wish a few years ago that Microsoft had gone through with blowing its wad (about 41 billiion) on Yahoo. It would have de-fanged Microsoft quite a bit. Been one more glorious achievement of Ballmer. Also both the technical clash and culture clash between the two would have provided years of entertaining watching.