Microsoft Corporation (NASDAQ:MSFT) has extended revenue guarantees to Yahoo.
Microsoft Corporation (NASDAQ:MSFT) Bolsters Yahoo Deal Reports say that
Microsoft Corporation (NASDAQ:MSFT) has extended guarantees to Yahoo for another
year for shortfalls in the expected revenue from its 2009 search agreement. A
Microsoft Corporation (NASDAQ:MSFT) spokesman confirmed the extension of the
guarantee. Yahoos interim chief executive, Tim Morse, said that, "the company
worked to extend the deal because it was hearing a lot of discomfort from
investors over the companys ability to generate the expected revenue. What we
wanted to do is insert as much financial certainty into the process as
possible". Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing at
27.31. Price History Last Price: 27.31 52 Week Low / High: 23.65 / 29.46 50 Day
Moving Average: 25.75 6 Month Price Change %: 7.6% 12 Month Price Change %: 5.6%
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