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Is Yahoo CEO regretting MS walkout?

  • Written by GadgetboyGadgetboy No Comments Comments
    Last Updated: May 6th, 2008

    NEW YORK: Yahoo Inc chief Jerry Yang signalled a more open stance towards Microsoft Corp on Monday, saying that he had been seeking common ground when the software maker abruptly ended deal talks.

    Yang said in an interview that he had "mixed feelings" about the weekend outcome, after investors showed their disappointment over the break-up of negotiations by sending Yahoo shares down 15 per cent.

    "We were negotiating a way to find common ground and then on Saturday they chose to walk away," said the 39-year-old co-founder of the pioneering Internet company.

    read more here http://infotech.indiatimes.com/articleshow/3014103.cms

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