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---- Yahoo - Microsoft talks off


poster_boy - 8:23 pm on Jun 12, 2008 (gmt 0)


Here's an article on the topic:

[news.yahoo.com...]

Yahoo Inc said on Thursday that talks with Microsoft Corp on a partnership or other type of deal have concluded without an agreement, sending Yahoo shares down 13 percent.

Sources familiar with the matter said Yahoo is close to a search deal with Google Inc instead.

Yahoo shares sank to $22.68 on news of the talks breaking apart and the potential Google deal, reported by the Wall Street Journal and the TechCrunch blog. Google rose 0.6 percent at $548.18, while Microsoft rose 3 percent at $28.02.

[edited by: engine at 9:24 pm (utc) on June 12, 2008]
[edit reason] added quote [/edit]


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