Yahoo Responds To Microsoft Statement
The battle of the short media statements continues from earlier today, with Yahoo making the following statement:
“Yahoo! has confirmed with Microsoft that it is not interested in pursuing an acquisition of all of Yahoo! at this time. Yahoo! and its Board of Directors continue to consider a number of value maximizing strategic alternatives for Yahoo!, and we remain open to pursuing any transaction which is in the best interest of our stockholders. Yahoo!’s Board of Directors will evaluate each of our alternatives, including any Microsoft proposal, consistent with its fiduciary duties, with a focus on maximizing stockholder value.”
Translated it would appear that Yahoo is considering a Microsoft search/ advertising play vs one that involves Google.