Tough Regulatory Exam Awaits Microsoft-Yahoo Deal

Law360 (February 1, 2008, 12:00 AM EST) -- Microsoft Corp.'s $44.6 billion bid to acquire Yahoo Inc. and provide a greater challenge to Google Inc.'s dominance of the online advertising market will face significant scrutiny from regulatory officials before the deal can reach fruition, antitrust experts said on Friday.

Microsoft announced the unsolicited proposal on Friday, offering $31 per share — a 62% premium above the Yahoo stock price of $19.18 at the end of trading a day earlier.

Yahoo, which posted a drop in fourth-quarter profit earlier this week that led its steepest...
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