Microsoft, Icahn offered Yahoo $2.3 bln annual revenue (Reuters)

Reuters - Microsoft Corp and billionaire investor Carl Icahn's joint proposal for Yahoo Inc , which was rejected on Saturday, included $2.3 billion in guaranteed annual revenue from search advertising for five years, people familiar with the matter said on Sunday. Read more…


Yahoo CEO says not likely to meet with Microsoft (Reuters)

10.07.2008 23:35 Computer Security - Source: Yahoo Microsoft

SUN VALLEY, IDAHO (Reuters) - Yahoo Inc (YHOO.O) Chief Executive Jerry Yang said he was not likely to meet with representatives of Microsoft Corp (MSFT.O) at the annual Allen & Co Sun Valley conference.

When asked by Reuters if he had plans to link up with Microsoft executives at the annual confab of media and tech moguls, he said, "I don't think so."

(Reporting by Sue Zeidler; editing by Carol Bishopric)

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