13 May 2008
Yahoo! Is seeking a new major deal following the withdrawal of Microsoft’s takeover bid.
Pressure to find an alternative solution is high for the struggling online media giant. If not share prices will likely fall further and shareholder lawsuits possible.
Yahoo! hope to announce a tie up with Google’s AdSense system this week. With Google getting more revenue per click for its ads this would increase Yahoo!’s revenue. Some analysts have pointed out the move could end up strengthening Google's lead in the search ad arena. This would make it even harder for Yahoo! to catch up with its own Panama system.
Yahoo! is also considering buying AOL from its parent company Time Warner.
Microsoft withdrew its takeover bid at the weekend when Yahoo! asked for $37 per share, $4 more per share than Microsoft’s renewed offer last Saturday
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