Yahoo, Google Revise Ad Deal to Avoid Lawsuit

Yahoo Inc. and Google Inc. have sent the Justice Department a revised version of their search-advertising agreement, shrinking its scope as regulators prepare to bring suit against the agreement if a deal isn't reached, according to people familiar with the matter. The new plan, which the online-ad giants submitted over the weekend, comes as the companies face mounting pressure to ditch or revise the pact.

  • Read the article: The Wall Street Journal