Verizon's acquisition of Yahoo is being pushed back to the second quarter. According to Yahoo CEO Marissa Meyer, the $4.8 billion deal looks like it will lead to a bright future.
The opportunities ahead with Verizon look bright. Our commitment to our users is unwavering, and we continue to be encouraged by their loyalty to us and their ongoing patronage of our products.- Mayer
This delay comes after the reveal of two massive hacks that affected over a billion users. One of those hacks took place years ago and was only recently revealed, triggering an SEC investigation.
Some have wondered whether the deal will even go through given Yahoo's recent trouble.
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