Microsoft and Yahoo deal to be announced within 24 hours

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Microsoft and Yahoo deal to be announced within 24 hours

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Topic: Microsoft and Yahoo deal to be announced within 24 hours (Read 395 times)

Alex

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Microsoft and Yahoo deal to be announced within 24 hours

« Posted: July 29, 2009, 11:33:51 AM »

Microsoft and Yahoo deal to be announced within 24 hours

BoomTown reporter Kara Swisher is confident from company insiders that the Microsoft and Yahoo deal will be announced within 24 hours. Swisher cites multiple sources close to the situation, confirming some type of deal has been struck. It is not clear if the actual papers have been inked, sources said negotiations are complete. Earlier this month Neowin reported that a Microsoft and Yahoo deal was imminent. It is expected that under the terms of the agreement, Yahoo! will be paid $3 billion upfront and will get 110% of the revenue that its searches provide after traffic acquisition costs in each of the first two years. In the third year, that figure would go to 90%. Read full story...

http://feedproxy.google.com/~r/neowin-main/~3/KDoKPNcRpZw/microsoft-and-yahoo-deal-to-be-announced-within-24-hours


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