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Tuesday
Jun052012

Yahoo and Facebook Nearing Deal

Yahoo and Facebook Nearing Deal

All Things Digital
June 3, 2012

Top execs at Yahoo and Facebook have been hammering out the outlines of a deal over the last several days to end their contentious patent infringement litigation, according to multiple sources close to the situation. While that could change, sources said a settlement could happen in the coming weeks and that the advanced negotiations will put aside the lawsuits and counterclaims between the one-time close partners and return them back to what could be an even closer relationship.

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