Wednesday, June 18, 2008

Microsoft to hand 8 billion U.S. dollars bid for Yahoo Search

This IT news is Provided from the SK Net Service Company Ltd

Although the bid has repeatedly rejected the offer, but on last Saturday, Microsoft or Yahoo's network time in the company and rival Google signed a formal agreement before the end of the day to the Yahoo issued a bid for the offer. This time, Microsoft Yuyi 35 dollars a share to buy the Yahoo search engine business, the total transaction value of about 8 billion U.S. dollars.

According to reports, Microsoft Chairman of the Board of Kevin Johnson wrote employees in an e-mail disclosed this information. This is Microsoft's full acquisition of bankruptcy, the search business acquisition alternative agreement also declined again after the latest round of the bid offer.

On the 12th, Yahoo and Microsoft announced the termination of all negotiations, and Google signed a non-exclusive search advertising agreement. Yahoo will allow Google Yahoo in the United States and Canada for your Yahoo search engine advertising. This agreement will enable Internet search engine advertising business "leader" Google become more.

In response, Microsoft apparently can not be reconciled. On Yahoo and Google search to reach an agreement, Microsoft has been looking for the loopholes in the deal, with a view to breaking the Yahoo and Google cooperation.

According to reports, Yahoo, Google announced the cooperation agreement, Microsoft wrote in an e-mail, this agreement will be "to advertisers and advertising restrictions on the issuer's option," and "undermine the mechanism of competition."

Reported that, in view of Google and Yahoo may in some keyword search on the set minimum price criteria, Microsoft consider this agreement described as "price manipulation" to convince the regulatory agencies involved in the deal.

Microsoft spokesman Jack Evans on the 13th that Microsoft Yahoo and Google opposed to any transactions, saying it will harm the Internet advertising market competitive.

Reported that Yahoo and Google's agreement will not take effect immediately. The two sides agreed to receive regulatory approval after the start, waiting for the process would take three and a half months. But do not rule out Microsoft's pressure on the U.S. Department of Justice antitrust lawsuit against the possibility.

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