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The 10 Biggest Tech Mergers And Acquisitions Of 2017

Gina Narcisi

3. Verizon Closes Massive Yahoo Deal

Price: $4.48 billion

Verizon in June closed its highly-anticipated acquisition of Yahoo for $4.48 billion, but not without fanfare.

The telecom giant renegotiated the original price tag of $4.83 billion for Yahoo following revelations over the summer that Yahoo's network suffered two massive security breaches in 2013 and 2014, with the 2013 attack being called the "largest hack to date" by security analysts. Alongside the close of the deal, Yahoo's former CEO Marissa Mayer, along with Yahoo co-founder David Filo and four other members, resigned from the board of directors of the remaining part of the company not acquired by Verizon, which is being called Altaba.

 
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