A timely maneuver by Yahoo's lawyers apparently played a key role in scaring off Microsoft for the moment. In a letter to Yahoo CEO Jerry Yang, Microsoft CEO Steve Ballmer said concerns over Yahoo's plans to pursue a deal to outsource some online advertising to Google would bring "a host of regulatory and legal problems" and weaken Yahoo's paid search advertising position. Observers say it was a clever delay tactic by Yahoo's lawyers at Skadden that gave the company time to come up with the Google deal.
Yahoo's Skadden Lawyers Engineer Rarely Used Tactic to Hold Off Microsoft
May 6, 2008