After an Impressive First Quarter Results, Yahoo! still Open to 'Any & All' Deal Alternatives
April 24th, 2008 | 1,139 Views RSS Feed
After posting an impressive show of their First Quarter Financial Results of 2008, Yahoo! CEO Jerry Yang said that Yahoo! has still kept its doors opened to Microsoft's bid, provided this time Microsoft comes up with an offer that would be worth the company's value. Speaking on the same topic, he also didn't rule out the prospects for alternative deals.
According to Reuters, Yahoo! CEO also emphasized on the fact that the company's efforts to revamp its technology, audiences and advertising customers related business strategies were "starting to pay off."
During a conference call with investors, Yang said, "Our board and management team continue to be open to any and all alternatives, including a Microsoft deal."
Jerry Yang stressed on the fact that Yahoo! will be focusing more on display marketing, which makes the backbone of the corporate marketers for their online advertisements. Although, it will still remain active in the Web Search Advertising Market. In a statement, Yahoo! CEO said, "While we see opportunities in Web search, our largest opportunity is in display advertising.â€
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