Article 1YF76 Verizon's bid for Yahoo on the rocks ahead of latest revenue results

Verizon's bid for Yahoo on the rocks ahead of latest revenue results

by
Sam Thielman in New York
from on (#1YF76)

With a hack of half a billion users and a government spying program uncovered at Yahoo in the last four weeks, Verizon may be looking for an out

Analysts are predicting more bad news for Yahoo on Tuesday as the company releases its latest results amid a now floundering takeover bid.

The research firm eMarketer is expecting a double-digit decline in ad revenue. The drop comes as Verizon is attempting to renegotiate its $4.8bn bid for the company.

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