Tuesday, August 4, 2009
As Promised, Here’s Yahoo’s 8-K to the SEC About the Microsoft Deal: The Full Document!
As BoomTown promised earlier today, here’s the first of many filings related to the Yahoo-Microsoft online search and advertising deal announced last week.
The 8-K filing was made with the Securities and Exchange Commission.
A couple highlights: No termination fee and a $50 million annual payment to Yahoo by Microsoft for three years, for unspecified “transition and implementation costs” beyond the agreement.
(Personally, I think it’s for extra Advil needed for the headaches engendered organizing this circus.)
