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|Microsoft And Yahoo Still Working On Search Deal|
| 12:57 pm on Oct 29, 2009 (gmt 0)|
Microsoft And Yahoo Still Working On Search Deal [businessinsider.com]
Microsoft and Yahoo have delayed signing their search deal, Yahoo told the SEC in a filing.
In their original Juy 29 agreement, Yahoo and Microsoft said they would sign finish negotiating the search deal by October 27.
"But," reads the filing, "given the complex nature of the transaction, there remain some details to be finalized."
"The parties are working diligently on finalizing the agreements, have made good progress to date, and have agreed to execute the agreements as expeditiously as possible."
| 6:05 am on Oct 30, 2009 (gmt 0)|
Not surprising really. It sounded like a lot of detail to be worked out when the deal was first announced.
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