Tuesday, April 22, 2008

K Street readies for Yahoo Struggle




Interesting article in the Politico today over the politics behind the scenes over the Microsoft-Yahoo merger talks with Google fighting against it tooth and nail.
"Lobbyists are salivating over an expected clash between three Internet giants that could move closer to the brink today.
This morning, Yahoo is scheduled to announce its first-quarter earnings, a critical bit of information that will play importantly in negotiations over a proposed Microsoft takeover of Yahoo.
But Google is mobilizing to block any merger that could threaten its own dominance in the search engine market, the most lucrative Internet ad sales venue.
All of the firms are girding for a showdown in Washington, where federal regulators, or Congress, could scuttle any deal. And K Street is lining up to assist any corner for the right price."
Read the full article here.

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