Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo, several sources told The Post exclusively.
The request comes on the heels of the web giant getting bludgeoned by bad news in the past few days.
Yahoo revealed two weeks ago that it had been hacked in 2014 and that users names and passwords for 500 million accounts were swiped.
Then, earlier this week, it was learned that Yahoo had been ordered by a secret Foreign Intelligence Surveillance Court to scan emails for terrorist signatures.
“In the last day we’ve heard that Tim [Armstong] is getting cold feet. He’s pretty upset about the lack of disclosure and he’s saying can we get out of this or can we reduce the price?” said a source familiar with Verizon’s thinking.
That might just be tough talk to get Yahoo to roll back the price. Verizon had been planning to couple Yahoo with its AOL unit to give it enough scale to be a third force to compete with Google and Facebook for digital ad dollars.