Friday March 12, 2010

Yahoo CEO’s Interest in Microsoft Deal Wanes

Yahoo CEO Carol Bartz downplayed her company’s interest in a deal with Microsoft yesterday, in contrast to her comments from last week where she said she’d be open to a search deal if Microsoft offered “boatloads of money.”

Yahoo CEO Carol Bartz downplayed her company’s interest in a deal with Microsoft yesterday, in contrast to her comments from last week where she said she’d be open to a search deal if Microsoft offered “boatloads of money,” reports The Wall Street Journal.

Although Bartz and Microsoft CEO Steve Ballmer have discussed a partnership in the past, Bartz had a more independent tone yesterday, saying that Yahoo was a “damn big important site,” and that Wall Street interest in the possible deal had been “overdone.”  She held that some observers had also overestimated the cost savings that would be involved in the deal.

Microsoft’s attempts to purchase Yahoo last year never came to fruition, however the software company has said it remains open to a deal that would strengthen its search capabilities.

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Yahoo CEO’s Interest in Microsoft Deal Wanes

Yahoo CEO Carol Bartz downplayed her company’s interest in a deal with Microsoft yesterday, in contrast to her comments from last week where she said she’d be open to a search deal if Microsoft offered “boatloads of money.”

Yahoo CEO Carol Bartz downplayed her company’s interest in a deal with Microsoft yesterday, in contrast to her comments from last week where she said she’d be open to a search deal if Microsoft offered “boatloads of money,” reports The Wall Street Journal.

 

Although Bartz and Microsoft CEO Steve Ballmer have discussed a partnership in the past, Bartz had a more independent tone yesterday, saying that Yahoo was a “damn big important site,” and that Wall Street interest in the possible deal had been “overdone.”  She held that some observers had also overestimated the cost savings that would be involved in the deal.

 

Microsoft’s attempts to purchase Yahoo last year never came to fruition, however the software company has said it remains open to a deal that would strengthen its search capabilities.

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