Roundup: Facebook’s cashout, Google-Yahoo delayed and more
Here’s the latest action:
Google and Yahoo delay ad deal — The delay gives the Justice Department more time for its antitrust investigation. This news, as well as calls by Sen. Herb Kohl (chair of the Senate Antitrust Committee) for more scrutiny, probably doesn’t bode well for the deal, though it may buy the tech companies more time to negotiate.
Wells Fargo plans merger with Wachovia — Friday’s announcement came only four days after Citigroup agreed to buy Wachovia’s… Continue Reading