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Yahoo signs ad pact with Google; earnings miss estimates

Firm says spinoff of its 15 per cent stake in Alibaba Group may now close in January
Thursday, October 22, 2015 - 05:50

Ms Mayer said the company was experiencing continued revenue headwinds in the core advertising business

New York

YAHOO Inc said on Tuesday it had signed a search advertising deal with Google Inc, providing a potential boost to Marissa Mayer's efforts to turn around the company, which also reported revenue and profit that fell short of market estimates.

The deal with Google, a unit of

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