Verizon initially thought the biggest data breaches in internet history merited a $925 million discount on its acquisition of Yahoo's online services, nearly three times more than the two companies finally agreed upon. Verizon ultimately accepted Yahoo's offer to trim the sale price by $350 million instead. The discount reflect concerns that people might decrease their use of Yahoo email and other digital services that Verizon is buying, reducing opportunities to show ads. Besides her severance package, Mayer will gain control of stock options valued at $56.8 million, according to the filing. Yahoo's board is withholding Mayer's annual bonus of up to $2 million and a potentially lucrative stock award to punish her.
Source: ABC News March 13, 2017 15:06 UTC