Yahoo Ends Talks With Microsoft, Reaches Deal With Google

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Sunday, July 6, 2008

Yahoo Ends Talks With Microsoft, Reaches Deal With Google

AN FRANCISCO — Yahoo Inc.’s efforts to revive takeover talks with Microsoft Corp. have reached a dead end, prompting the Internet pioneer to hire online search leader Google Inc. to handle some of its advertising sales.

The news disclosed Thursday caused Yahoo shares to plunge 10 percent as investors abandoned hope that Microsoft would renew a nearly five-month quest to buy the Sunnyvale, California-based company.

Although a stock sell-off is never welcome news for any company, Wall Street’s disenchantment comes at a particularly bad time for Yahoo and its board of directors.

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1 Comments:

Femi said...: Its good i tell you the truth, this is good news for me.

www.commonsensedating.com; July 23, 2008 8:01 PM

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Sunday, July 6, 2008

Yahoo Ends Talks With Microsoft, Reaches Deal With Google

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