Update 12:02 p.m.: I added a detail about change-in-control provision.
On Thursday, Yahoo and Google trumpeted the financial benefits of their search-ad deal. But on Friday, a regulatory filing showed the companies also have factored more pessimistic possibilities into their plans.
Specifically, Yahoo's filing with the Securities and Exchange Commission describes the terms--including antitrust litigation, low financial performance, or management changes at Yahoo--that could let the parties back out of the deal.
Microsoft has explicitly raised antitrust concerns about a Yahoo-Google search-ad deal in the past, arguing it will increase Google's dominance in the area, and … Read more