Verizon looking at Yahoo hack

Verizon Communications Inc. is still evaluating how the hack at Yahoo Inc. affects its $4.8-billion agreement to buy the Internet company’s core assets.

The 2014 hack, which netted personal information from at least 500 million users’ Yahoo accounts, has raised questions about whether Verizon will ask for a discount or other changes.

Verizon said Thursday that it expects the Yahoo deal to build its digital media business, but its chief financial officer said Verizon has to assume the breach “will have a material impact” on Yahoo. Fran Shammo said evaluating what that means for its deal will be a “long process” and Verizon hasn’t reached a conclusion.