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

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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