Google-Yahoo Advertising Deal Still Alive

Law360, New York (November 4, 2008, 12:00 AM EST) -- Reports of the death of the advertising pact between Google Inc. and Yahoo Inc. might have been exaggerated, with a new report suggesting that the Internet giants have submitted a reworked version of the controversial alliance to the U.S. Department of Justice.

Citing unnamed sources familiar with the matter, the Wall Street Journal reported Tuesday that the companies pitched a more palatable proposal to the DOJ's Antitrust Division over the weekend that would add a provision capping the percentage of revenues Yahoo could earn from the...
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