Microsoft plans to acquire Yahoo search for $1 billion

Sina Technology news on the morning of June 13, April 21, according to foreign media reports, sources revealed that Microsoft is negotiating with Yahoo about the possibility of cooperation in search and advertising, is currently talking about "hot ".

The transaction details being discussed include:

Microsoft made a bid of $1 billion to acquire Yahoo's search business and signed a five-year search advertisement contract to ensure that Yahoo's search advertisement revenue reached $2.3 billion. In addition, you can choose to renew the five-year contract, make sure that the search advertisement revenue is no less than $1.6 billion.

Microsoft made a bid of $3.9 billion to buy some of Yahoo's shares and lent $2.8 billion to Yahoo, with an interest rate of 5%, and paid for part of Yahoo's debt.

Increase TAC from 70% to 85% in the three-year agreement period, not lower than 75% in three years