Friday, October 31, 2008

Odds Dim for Alliance of Google And Yahoo -

Another unhappy turn of events for Yahoo! shareholders and employees

The prospects for a Web-advertising partnership between Google Inc. and Yahoo Inc. have dimmed, with both sides considering walking away from the deal as early as next week, say people familiar with the matter.

The two companies met Thursday with the Justice Department, part of a series of meetings to address the concerns of regulators. While the parties may agree to continue the talks -- or they could reach a resolution -- there are signs they are unwilling to make compromises to address the Justice Department's objections.

Odds Dim for Alliance of Google And Yahoo -

No comments: