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Yahoo scrambles back to Google for cover

Yang_hurrah.jpgYahoo CEO Jerry Yang is once again very eager to get a search-advertising deal with Google signed. Two sources tell the New York Post "executives are scrambling" to finalize the deal. Why such a rush? Because Microsoft CEO Steve Ballmer identified the deal as the big reason Microsoft walked away from merger talks with Yahoo. Now that pro-merger Yahoo shareholders own at least 29 percent of the company — and are trying to replace the company board with directors who share that position — returning to the Google deal is the easiest way Yahoo CEO Jerry Yang will scuttle any renewed interest from Microsoft.

9:40 AM on Fri May 16 2008
By Nicholas Carlson
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  • Image of Koans Koans at 10:34 AM on 05/16/08
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    I dont think anybody has figured this one out yet except Koans - but is is not MSFT that YHOO needs to worry about. ......its the big bad ship with the skull and crossbones approaching rapidly - and once they fully engage - then we play a game of 52 pickup.

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