The yahoo - google deal

Posted Date: 19 Jun 2008 Resource Type: News/Announcements Category: General

Posted By: neyha Member Level: Diamond
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According to the wall street journal reports the deal between yahoo and google is worth $250 million and yahoo has an additional cash flow of $ 450 million.The deal would be delayed for few months for regulatory approval.The deal terms states that yahoo will select the search term queries .They would also select the number and placement of google results and how they are blended with the results of other providers.Yahoo also said that either party can end the deal in case of change of control.Yahoo is said to pay termination fees of $250 million in case of change of control in yahoo within next 24 months.

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