'Each of our search partnerships is the result of a competitive process reflective of the value that Firefox brings to the ecosystem. The Yahoo relationship is no different.'
In a unanimous decision by its board of directors, the maker of Maker's Mark, Laphroaig Scotch whisky and Courvoisier is selling to Japanese beverage company Suntory.
Unable to raise the necessary funds, investment firm Fairfax Financial Holdings will invest only $1 billion as Thorsten Heins leaves the troubled tech company.