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John Waples at the (UK) Sunday Times has revealed details of yet another purported search deal under negotiation between Microsoft and Yahoo that would have Microsoft financially supporting a new Yahoo management team in return for a 10-year operating agreement to manage Yahoo’s search business as well as a two-year call option to buy the search business for $20 billion. Aside from the Byzantine complexity of the deal, it (as always) remains hard to see why Yahoo would want to turn over one of its crown jewels to someone else. Perhaps a monetization agreement, but not a complete withdrawal from the search business by Yahoo.
January 7th, 2009 at 6:35 PM
[...] are the November 2008 rumors and the June 2008 proposal which basically involved Yahoo’s entire search operation going to [...]