TITLE

Yahoo-Google Alliance to Fend Off Microsoft?

PUB. DATE
February 2008
SOURCE
Red Herring;2/4/2008, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that a source familiar with Yahoo's strategy has claimed that Yahoo would consider a business alliance with Google as one way to rebuff the $44.6 billion takeover proposal made by Microsoft. According to the source, Yahoo is considering renegotiating with Google for an alliance as an alternative to Microsoft's bid. Two sources claim that Yahoo believes that the bid made by Microsoft undervalues the Internet company. Yahoo leaders have issued a memo to Yahoo employees stressing that no decisions have been made concerning the bid.
ACCESSION #
36876048

 

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