Yahoo CFO hints at Microsoft deal

by admin February 26, 2009 at 5:32 pm

Blake Jorgensen talks of ‘partnership or sale in the long term’

Yahoo has reignited the debate over whether Microsoft could acquire all or part of its assets, by announcing that it is not opposed to any deal which would benefit the business, according to reports.

Blake Jorgensen, chief financial officer and executive vice president at Yahoo, said during a session at the Goldman Sachs Technology and Internet Conference in San Francisco yesterday that Yahoo would be willing to listen to any proposals which “would maximise the value of the business, be it a partnership or sale in the long term”.

However, he also pointed out that it would be difficult to divest the company of its search business without affecting other areas.

Read more: vnunet.com