Google Deal Void If Icahn Wins Control Of Yahoo

by stvalentine | June 13, 2008 at 09:44 am
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Carl Icahn's campaign to broker a marriage between

Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO) just got a lot more complicated -- and expensive -- thanks to the search ad outsourcing deal Yahoo struck with Google late Thursday.

According the deal's fine print, disclosed Friday by Yahoo in a Securities and Exchange filing, Google is free to tear up the pact if a majority of Yahoo's current board is replaced at the behest of a third party, such as Icahn, at either of the company's next two shareholder meetings.

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