At Right Price, Yahoo Open to Other Bids, CEO Says
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
The chief executive officer of Yahoo! Inc., Jerry Yang, said he would be open to another bid from Microsoft Corp. or other companies at the right price. Yahoo continues to speak with other companies about ways to improve its value, Mr. Yang said yesterday in a phone interview. While the Sunnyvale, Calif.-based company isn’t for sale, it would listen “should somebody else come back someday and want to buy the company,” he said. “The most important way to move the stock is to execute better,” Mr. Yang, 39, said. Yahoo’s operations are in “much better shape” than they were three months ago, he said.
