Verizon is reportedly looking to knock as much as $1bn off the price it will pay for NSA mail-sorter Yahoo!
A report from the New York Post cites unnamed sources in reporting that Verizon is seeking a reduction in the agreed acquisition price in the wake of the two latest scandals to hit the beleaguered Purple Palace.
An adjustment at that level would push the total acquisition price down below the $4bn mark and, in the process, lower the payout for shareholders. Wall Street, however, doesn't seem too terribly fazed by the disclosures, as the Yahoo! share price has held relatively steady over the past month. ®