Industry Insights
A cybersecurity risk assessment is a critical part of M&A due diligence - Network World
Reported by networkworld.com
As of mid-February, the plan for Verizon Communications to acquire a majority of Yahoo’s web assets is still on, despite the announcement of Yahoo having suffered two massive breaches of customer data in 2013 and 2014. The sale price, however, has been discounted by $350 million, and Verizon and Altaba Inc. have agreed to share any ongoing legal responsibilities related to the breaches. Altaba is the entity that will own the portion of Yahoo that Verizon is not acquiring.