Shares in search engine companies surge

Shares of search engine companies surged after Yahoo announced it is to buy Overture Services for $1.63bn (€1.44bn) in stock and cash.

Shares in search engine companies surge
Mon, 14 Jul, 2003 - 20:53

Shares of search engine companies surged after Yahoo announced it is to buy Overture Services for $1.63bn (€1.44bn) in stock and cash.

As part of the deal, Yahoo will pay $4.75 in cash for each Overture share.

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CourtsHeathrowOrganisation: YahooOrganisation: Overture ServicesOrganisation: OvertureOrganisation: MicrosoftOrganisation: MSNOrganisation: LookSmart
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