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In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.

FILE - This Monday, July 25, 2016, file photo shows the Yahoo and Verizon logos on a laptop, in North Andover, Mass. Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale... (Associated Press) 
  
 FILE - This Monday, July 25, 2016, file photo shows the Yahoo and Verizon logos on a laptop, in North Andover, Mass. Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than... (Associated Press) 
  
 FILE - This Monday, July 25, 2016, file photo shows the Yahoo and Verizon logos on a laptop, in North Andover, Mass. Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than... (Associated Press) FILE - This Monday, July 25, 2016, file photo shows the Yahoo and Verizon logos on a laptop, in North Andover, Mass. Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale... (Associated Press) 
  
 NEW YORK (AP) — Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. 
  
 The revised agreement, announced Tuesday, eases investor worries that Verizon Communications Inc. would demand a discount of at least $1 billion or cancel the deal entirely. 
  
 The hacking bombshells, disclosed after the two companies agreed on a sale, represent the two biggest security breaches in internet history. 
  
 The breaches raised concerns that people might decrease their use of Yahoo email and other digital services that Verizon is buying. A smaller audience makes Yahoo's services less valuable because it reduces the opportunities to show ads — the main reason that Verizon struck the deal seven months ago. 
  
 Yahoo has maintained that its users have remained loyal, despite any mistrust that might have been caused by its lax security and the lengthy delay in discovering and disclosing the hacks. The separate attacks occurred in 2013 and 2014; Yahoo disclosed them this past September and December. 
  
 The lower sales price will cost Yahoo shareholders roughly 37 cents per share. But they may also be responsible for substantial legal costs. 
  
 What's left of Yahoo after the deal closes — an entity that will be called Altaba Inc. and have stakes in Chinese e-commerce giant Alibaba Group and Yahoo Japan — will be responsible for liabilities stemming from shareholder lawsuits and from the Securities and Exchange Commission probe of Yahoo. Verizon and Altaba will split costs from all other hack-related lawsuits and government investigations. 
  
 This agreement "provides protections for both sides" and should help the deal close by the end of June, Marni Walden, Verizon's head of product innovation and new businesses, said in a statement. Yahoo shareholders have to approve it. 
  
 Avoiding an even larger reduction in the deal value represents a small victory for Yahoo CEO Marissa Mayer, who had already been under fire on Wall Street for her inability to turn around the company and then for the humiliating security lapses that came under her watch. 
  
 Verizon's willingness to accept some of the lingering risks from Yahoo's security breaches underscores the wireless carrier's desire to become a bigger player in the digital advertising market. Google and Facebook currently dominate, but Verizon believes there's room to grow. 
  
 Because most people already have smartphones, wireless carriers such as Verizon have turned to price cuts and promotions to lure customers from each other. Under pressure, Verizon even restored unlimited data plans this month, robbing it of revenue from monster-size data plans. 
  
 Instead, Verizon is trying to make money off the hours people spend gazing at their phones. It bought AOL for $4.4 billion in 2015 for its advertising technology. Verizon now wants to bolster that with Yahoo's technology, as well as its many users and popular websites devoted to sports, finance, entertainment and news. 
  
 Yahoo shares rose 14 cents to $45.24 in morning trading Tuesday; Verizon stock added 22 cents to $49.41. 
  
 ___ 
  
 AP Business Writer Damian Troise in New York contributed to this story. Michael Liedtke reported from San Francisco. ||||| Verizon and Yahoo agreed to cut the price of Yahoo's core internet businesses as a result of a series of data breaches. WSJ's Ryan Knutson has exclusive details from the talks between the companies on Lunch Break with Tanya Rivero. Photo: Reuters 
  
 In January, a month after Yahoo Inc. disclosed a second massive data breach, Verizon Communications Inc.’s top executives huddled at the company’s headquarters and weighed their options. 
  
 They could walk away from their $4.83 billion deal to buy Yahoo’s internet business; wait to learn more about the damage to Yahoo’s brand; or plunge ahead with the purchase and their plans to build a digital media business. 
  
 Verizon... |||||
Output:
Seven months ago, Verizon agreed to buy Yahoo for $4.83 billion, the AP reports. Since then, Yahoo has revealed itself to have been the victim of the two biggest data breaches ever, resulting in information from more than a billion users being stolen. According to the Washington Post, experts expected Verizon to demand Yahoo knock billions off the purchase price or to simply call off the deal entirely. But on Tuesday, the companies announced the deal was going through—at a comparatively minor 7% discount. Verizon will now purchase Yahoo for $4.48 billion, the Wall Street Journal reports. What's left of Yahoo after the sale—an entity to be known as Altaba—will split liability with Verizon for any future lawsuits that result from the Yahoo data breaches. Altaba alone will be responsible for whatever happens with an ongoing SEC investigation into the hacks. Sources say Verizon went through with the deal at a minor discount for multiple reasons. One, Verizon has a ton of money and a few billion dollars weren't going to make a difference to it. Two, Verizon says the number of Yahoo users who left following the hacks was "minimal." Verizon is basically buying Yahoo in order to advertise to users on its news and sports sites, Tumblr, and Flickr; if a bunch of Yahoo users fled the service, Verizon would have fewer people to advertise to. Verizon, which already owns AOL and hopes to compete with Facebook and Google, wants to close the deal by the end of April.