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
16 May 2025
In the News
Foley's East Coast Litigation Additions Highlighted in Legal Press
Foley & Lardner LLP partners Kenneth Breen, Phara Guberman, and Joseph Dowdy are featured across legal press for their recent move to the firm.
16 May 2025
In the News
Foley Attorneys Assess AI Use in Clinical Trials
Foley & Lardner LLP partners Monica Chmielewski and Kyle Faget shared insights on the growing adoption of artificial intelligence in clinical trials in the Clinical Trials Arena article, "Are regulators keeping pace with AI adoption in clinical trials?"
15 May 2025
In the News
Grace Fucci Publishes on Sustainability in Luxury Fashion
Foley & Lardner LLP associate Grace Fucci explores the intersection of luxury fashion and sustainability in The Global Legal Post article, "Can luxury fashion houses join the sustainability discussion?"