Yahoo Not For Sale!

It seems that Yahoo Inc no longer has plans to sell its self off, or their search business. Just a last year Yahoo almost sold themselves off to Microsoft. When that deal fell through Microsoft was looking to purchase their search business, but a deal couldn’t be made. If you remember, Microsoft was trying to get Yahoo for a steal, but co-founder Jerry Yang knew the true value of Yahoo and refused to sell. This was at the time when Yahoo’s stock was sinking, and shareholders where pushing for a sale. But Yang and Yahoo’s board said no. And in the end Yang step down because of shareholder pressure. I think by Yang standing his ground against Microsoft was the right move. And in a few years everyone will see why. But getting forced out doesn’t really matter to Yang, he can get out his netbooks and other toys and sit back and enjoy his life now. That’s what I would do.

This entry was posted on Tuesday, June 2nd, 2009 at 5:03 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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