Friday 31 July 2009

Microsoft on Yahoo Deal: “Nobody Gets It”

Yesterday, Yahoo and Microsoft finally announced the big deal that would transform their “search platforms into a market competitor.” Microsoft will power Yahoo Search, while Yahoo gets a revenue sharing agreement. How did Wall Street react? While Microsoft investors and shareholders had a mildly positive reaction to the deal, Yahoo shares sunk. By billions of dollars.
Microsoft on Yahoo Deal: “Nobody Gets It”
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