Yahoo (YHOO) expects an annual earnings boost of $500M and capex savings of $200M upon full...

|By:, SA News Editor

Yahoo (YHOO) expects an annual earnings boost of $500M and capex savings of $200M upon full implementation. In a nod to her previous promise not to join hands with Microsoft (MSFT) unless "boatloads of money" changed hands, Yahoo chief Carol Bartz said today's deal brings "boatloads of value for Yahoo!, our users, and the industry." Premarket: YHOO -7.5%. MSFT flat.