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Yahoo opposed Google deal before Microsoft bid
SAN FRANCISCO (Reuters) - Yahoo Inc executives dismissed a search-advertising deal with Google due to antitrust concerns, one day before Microsoft Corp made its takeover offer earlier this year, according to court documents made public on Monday.
The position came to light in a complaint filed by attorneys representing two Michigan pension funds in a shareholder lawsuit that aims to revoke Yahoo takeover defenses and press the company to renew merger talks with Microsoft. ____________ *Source: Reuters (http://www.reuters.com/article/techn...973020080603)* More... |
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