Article: Yahoo! Transitions Marketplace Activities

Yahoo! Announces New Strategic Relationship With Visa International

SANTA CLARA, Calif., July 29 /PRNewswire/ -- Yahoo! Inc. (Nasdaq: YHOO) today announced a new strategic relationship with Visa International, in which Yahoo! will aggressively extend its commerce-related activities with the support of Visa International as a key marketing and technology partner. Concurrently, the two companies entered into agreements in which the Visa Group releases certain obligations, claims and its 45% ownership of a limited liability company (Yahoo! Marketplace L.L.C.) previously founded by Yahoo! and Visa International. In connection with this agreement, Yahoo! has ...

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