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Yahoo Spent $79 Million To Fend Off Microsoft

Apologetics Blog writes "Getting bought by one of the biggest companies in the world turns out to be a rather costly thing. Last year when Microsoft was in talks with Yahoo regarding a possible buy-out, in a report recently filed with the Securities and Exchange Commission, Yahoo announced that it cost them $79 million to fight off Microsoft. Most of that money was spent on advisors who examined Microsoft's proposals, and the way it would impact on Yahoo's search agreement with Google. The deal fizzled out when federal antitrust regulators said it would challenge any deal made between the two companies."

2 of 82 comments (clear)

  1. Re:Google - Yahoo Sale? by larry+bagina · · Score: 5, Informative

    The google/yahoo deal was an advertising agreement, not a merger/acquisition.

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    Do you even lift?

    These aren't the 'roids you're looking for.

  2. Re:advisors by larry+bagina · · Score: 5, Funny

    maybe they searched for "cheap advisors" and accidentally clicked the sponsored result.

    --
    Do you even lift?

    These aren't the 'roids you're looking for.