Verizon has reportedly cut Yahoo's price by up to $350 million (YHOO)

Yahoo and Verizon agreed to cut their dealprice by up to $350 million following Yahoo's disclosure of two data breaches, according to The Wall Street Journal.The companies also agreed to split the costs of the breaches, according to the report.Bloomberg reported last week that Verizon had tentatively reached a revised deal that lowered Yahoo's price by about $250 million.Verizon agreed to buy Yahoo's ailing internet business last year for $4.8 billion.More to come ...Join the conversation about this storyNOW WATCH: People are obsessed with this convenience store that's only in 6 states
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