Partner Peter S. Vogel, chair of the Firm’s internet, e-commerce and technology team, spoke with E-Commerce Times about Verizon’s hesitation to move forward with its acquisition of Yahoo. Verizon’s skepticism in moving forward comes in light of Yahoo’s recent disclosure of a massive 2014 data breach that affected approximately 500 million accounts.
“Verizon could conclude that Yahoo’s business was so badly damaged by the cyber intrusion that the value of the business is greatly diminished,” said Mr. Vogel. “If Yahoo disagrees, the deal could end at that point.”
The full article can be accessed here.
Related News
June 6, 2025
In the News
David Rosen Comments on FDA, Compounder Conflict Over Drug Shortages
Foley & Lardner LLP partner David Rosen highlighted the U.S. Food and Drug Administration's drug shortage list in the BioSpace article, "Post-Chevron Legal Battles: Three Key Cases to Watch."
June 5, 2025
In the News
Michael Bennett and Zack Flagel Explore Pro Tennis Antitrust Battle
Foley & Lardner LLP attorneys Michael Bennett and Zack Flagel assess the antitrust litigation embroiling professional tennis in their LawInSport article, "Break(ing) Point? The Antitrust Battle that Could Transform Professional Tennis."
June 4, 2025
In the News
Foley Attorneys Explore IP Considerations for AI-Generated Logos
Foley & Lardner LLP attorneys Von Bryant, Norm Rich, and Alex Liederman authored the Bloomberg Law article, "AI-Generated Logos Require Careful Steps to Protect IP Rights."