The Search Alliance between Yahoo and Microsoft had some unintended beneficiaries (now casualties). Yahoo's former senior director of business management, Robert Kwok, has pled guilty to conspiracy to commit securities fraud, after being accused that he told a mutual fund manager in July 2009 that the deal between Yahoo and Microsoft was imminent.
Among its many provisions, the deal -- officially announced in late July of 2009 -- called for Microsoft to pay Yahoo $50 million annually, for three years, for implementation costs.
The mutual fund manager, Reema Shah, formerly of Ameriprise F [...]
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