Several reports have surfaced today indicating that a Microsoft and Yahoo! deal is "imminent".24/7 Wall Street is reporting that under the terms of the agreement, Yahoo! will be paid $3 billion upfront and will get 110% of the revenue that its searches provide after traffic acquisition costs in each of the first two years. In the third year, that figure would go to 90%.
Top executives at Microsoft–including SVP of the Online Audience Business Group Yusuf Mehdi and others have reportedly flown to Silicon Valley to iron out the final details of the deal. It's expected that Microsoft will pay Yahoo cash upfront to take over its search advertising business.
source: neowin.net
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