UPDATE: Google Scuttles Yahoo Deal

Schachter, Ken
November 2008
Red Herring;11/5/2008, p5
Trade Publication
The article reports on the decision of Google to terminate its cooperative advertising deal with Yahoo declaring that it would scuttle the deal rather than mount a legal defense in the face of a regulatory challenge. That deal was outlined in June 2008 as Yahoo sought to evade the grasp of Microsoft, which initiated an unsolicited takeover bid four months earlier. In a statement, Sunnyvale, California-based Yahoo said it was disappointed in Google's decision to withdraw from the agreement rather than defend it in court.


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