Yahoo! CEO Carol Bartz discusses the agreement and what it means to Yahoo! and its customers.
Yahoo! and Microsoft announced an agreement that will improve the Web search experience for users and advertisers, and deliver sustained innovation to the industry. In simple terms, Microsoft will now power Yahoo! search while Yahoo! will become the exclusive worldwide relationship sales force for both companies premium search advertisers.
Read the rest of announcement ..
http://www.microsoft.com/Presspass/press/2009/jul09/07-29release.mspx
Benefited shareholders by dropping investment value by ~15%.
kenji4861 2 years ago