Yahoo To Buy Overture Services For $1.6B : News Photo

Yahoo To Buy Overture Services For $1.6B

Credit: 
Justin Sullivan / Staff
SAN FRANCISCO - JULY 14 : A billboard for Internet company Yahoo!, Inc. is shown July 14, 2003 in San Francisco, California. Yahoo announced today that it would buy Overture Services Inc. for $1.63 billion in cash and stock to strengthen its ad business and compete with a growing challenge from search engine Google. Both companies compete with Google's advertising platform. The move boosted Overture's shares $2.54 today, or 11.18 percent to $24.05. Yahoo finished the day nearly unchanged, up .01 per share. (Photo by Justin Sullivan/Getty Images)
Caption:
SAN FRANCISCO - JULY 14 : A billboard for Internet company Yahoo!, Inc. is shown July 14, 2003 in San Francisco, California. Yahoo announced today that it would buy Overture Services Inc. for $1.63 billion in cash and stock to strengthen its ad business and compete with a growing challenge from search engine Google. Both companies compete with Google's advertising platform. The move boosted Overture's shares $2.54 today, or 11.18 percent to $24.05. Yahoo finished the day nearly unchanged, up .01 per share. (Photo by Justin Sullivan/Getty Images)
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Date created:
July 14, 2003
Editorial #:
2161549
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billboard for Internet company Yahoo Inc is shown July 14 2003 in San... News Photo 2161549Billboard,Business,California,Commercial Activity,Computerized,Corporate Business,Finance,Google,Internet,Mergers and Acquisitions,Money,Purple,San Francisco - California,Technology,USA,Web,YAHOOPhotographer Collection: Getty Images News 2003 Getty ImagesSAN FRANCISCO - JULY 14 : A billboard for Internet company Yahoo!, Inc. is shown July 14, 2003 in San Francisco, California. Yahoo announced today that it would buy Overture Services Inc. for $1.63 billion in cash and stock to strengthen its ad business and compete with a growing challenge from search engine Google. Both companies compete with Google's advertising platform. The move boosted Overture's shares $2.54 today, or 11.18 percent to $24.05. Yahoo finished the day nearly unchanged, up .01 per share. (Photo by Justin Sullivan/Getty Images)