Yahoo Hack Threatens Verizon Merger

Yahoo Hack Threatens Verizon Merger

Yahoo’s stock plummeted Thursday as cybersecurity issues continued to rankle the company and reports surfaced that Verizon was looking to change the terms of – or possibly abort – its planned $4.8 billion acquisition of the early internet darling.

Yahoo shares were down more than 6 percent when trading desks closed Thursday, only a day after the company announced a 2013 hack had compromised more than a billion user accounts. Names, email addresses, passwords, phone numbers, birthdays and “in some cases, encrypted or unencrypted security questions and answers” were potentially accessed in the breach.