Verizon Explores Lower Price or Even Exit From Yahoo Deal

Verizon Communications is exploring a price cut or possible exit from its $4.83 billion pending acquisition of Yahoo!, after the company reported a second major e-mail hack affecting as many as 1 billion users, apparently. While a Verizon group led by AOL Chief Executive Officer Tim Armstrong is still focused on integration planning to get Yahoo up and running, another team, walled off from the rest, is reviewing the breach disclosures and the company’s options, apparently.