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Posts Tagged ‘ acquisition ’

$20 Billion Microsoft Deal To Buy Yahoo Is Fictitious Wholly

Nov 30th, 2008

Sources from both Microsoft and Yahoo confirm that a Sunday Times of London story suggesting 20 billion dollars partnership between the two about to happen is "fictitious wholly". The story details the deal that Microsoft would obtain a 10-year operating agreement to manage the search business and it would also receive a two-year call option to buy the search business for $20 billion leaving Yahoo to run its own e-mail, messaging, and content services. Jonathan Miller, ex-chairman and CEO of American ...