Verizon Is Said to Be on the Hook for Mayer’s Yahoo Search Deal

(Bloomberg) — Verizon Communications Inc. paid $4.5 billion for Yahoo! Inc.’s web businesses. Then it took a $500 million hit for post-acquisition costs. It’s poised to pay up again, thanks to a high-profile deal struck by Marissa Mayer when she ran the internet company.

Executives at the telecom giant are negotiating a bill they will likely owe Mozilla Corp., owner of the Firefox browser, after an expensive web search deal fell apart. Verizon could end up paying hundreds of millions…

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