Yahoo Inc posted a better-than-expected quarterly profit on Tuesday but failed to do well enough to convince many on Wall Street that Microsoft Corp needs to raise its takeover bid.
“Our board and management team continue to be open to any and all alternatives, including a Microsoft deal. ” Said CEO Jerry Yang.
Was Yahoo! ever open about this? No!!
Yang said the company’s recent efforts to remake its business strategy related to technology, audiences and advertising customers were “starting to pay off.” Well, it’s about time it starts to pay off…. What are you waiting for Yang? Web 3.0?
Go Microsoft, go!