| View this article at: http://www.electronista.com/articles/08/05/05/yahoo.open.to.offers/ |
Monday, May 05, 2008 11:45pm
Yahoo leaves door open for ... |
With Microsoft retracting its bid Saturday, Yahoo CEO Jerry Yang today announced it would listen to any interested bidding parties, including Microsoft, despite explicitly saying the company is for sale.Bloomberg reports that Yahoo is currently evaluating revenue-generating relationships with companies such as Google and AOL to raise the company's value, but is leaving the door open "should somebody else come back someday and want to buy the company", said Yang.Yahoo's advertising system is of great value to the company, which claims more traffic than any other US-based website. Investing in Google's advertising services, and exploring opportunities with AOL, have put the company in "much better shape" than even three months ago. |