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Thursday, June 12, 2008

TechCrunch reporting GOOG/YHOO search partnership after the close

TechCrunch says we're going to get the search deal today after the close. The comments board after the post suggests Yahoo is going to go up on this deal.

I kind of disagree. If Google and Yahoo strike a partnership, Yahoo "wins" so to speak. The proxy fight could turn into a race for the exits by hedge funds stapled to Icahn's coattails. Maybe they could get the deal annulled but I think it would make it a far more problematic situation. And I'm sure Google would protect themselves financially against something like that in the deal -- they're really smart, not morons.

I think Google goes up on a search partnership deal with Yahoo. Probably a lot.

2:17pm -- Blodget chimes in with some pretty positive commentary on Yahoo. FYI.

2:32pm -- And the WSJ picks it up. Welcome to the new world order.

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