Huff Post: The internet company announced Friday that it will not hold the customary conference call after it releases its third-quarter earnings next week “due to the pending transaction with Verizon.” by Ben Walsh
'Verizon announced in July that it had agreed to buy Yahoo for $4.8 billion. (Verizon also owns AOL, The Huffington Post’s parent company.)
'The New York Post reported last week that Verizon wanted to cut $1 billion off the acquisition price due to the hack. Verizon denied the report.
'In late September, a little less than two months after the deal was announced, Yahoo admitted that at least 500 million of its email accounts had been hacked in 2014. The company claims the culprit is a “state-sponsored hacker.”'