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Yahoo walks away from Microsoft negotiations

By: Elizabeth Montalbano and Juan Carlos Perez On: 12 Jun 2008 For: IDG News Service (New York Bureau) (GM) Creator

The search engine company said it is no longer in talks with Microsoft about a possible purchase of some of its operations, and published reports indicate Yahoo is negotiating with Google. How Carl Icahn’s proxy war may have affected the outcome

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Yahoo Inc. said Thursday it is no longer talking to Microsoft Corp. about a merger because the Redmond, Wash.-based software giant was only interested in purchasing part of the company.

But the Wall Street Journal reported Yahoo is nearing an agreement with Google involving its search advertising business.

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Tags: proxy battle, purchase Yahoo, Yahoo executives

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Elizabeth Montalbano and Juan Carlos Perez is a contributor to the International Data Group (IDG) News Service, which publishes global technology stories from bureaus around the world to more than 300 publications in more than 60 countries.

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