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Verizon general counsel Craig SillimanVerizon general counsel Craig Silliman (Photo: Carmen Natale/ALM)

Despite Yahoo Inc.’s recently revealed data breaches, the deal with Verizon Communications Inc. is still on, though some revisions have been made, including a $350 million haircut. With the transaction expected to close later this year, Craig Silliman, executive vice president of public policy and general counsel at Verizon, sees lessons for legal departments in the deal.

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