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July 29, 2009 The Microsoft (MSFT) / Yahoo (YHOO) search deal is official (PR). Details of the 10-year deal: Microsoft's Bing will power Yahoo search, while Yahoo takes over global sales for both companies’ premium search advertisers. No tie up on display ads. MSFT to pay YHOO traffic acquisition costs (TAC) of 88% of search revenue for first five years.
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