TIMELINE - Microsoft's pursuit of Yahoo
(Reuters) - Yahoo Inc (YHOO.O) said on Thursday that talks with Microsoft Corp (MSFT.O) on a full or partial acquisition have ended, and announced a search advertising partnership with rival Google Inc (GOOG.O).
The following is a timeline of key events in Microsoft's pursuit of Yahoo, stretching back more than two years, when the Web pioneer's financial results began weakening.
Early 2006 - Yahoo begins to report a string of disappointing quarterly results that stretches over the next two years, reflecting competitive missteps by the company, market share gains by rival Google, changes in the online advertising landscape and weakening spending in some ad segments.
Late 2006/early 2007 - Microsoft and Yahoo discuss various partnerships, including a merger.
2007
February - Yahoo, under the leadership of previous Chief Executive Terry Semel, tells Microsoft it is not the right time to discuss a takeover, as the Yahoo board sees great potential from new advertising technology and internal changes.
June 12 - A strong minority of Yahoo shareholders challenges Yahoo's direction, as CEO Semel comes under fire. Nearly a third of votes cast at the company's annual shareholders' meeting oppose some of Yahoo's directors.
June 18 - Yahoo co-founder Jerry Yang takes over as chief executive as Semel steps aside. Semel remains Yahoo chairman.
2008 Continued...



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