Seeking to reassure investors — many of whom were still stinging from Yahoo’s decision to walk away from a multibillion-dollar merger with Microsoft — CEO Jerry Yang and Chairman Roy Bostock sent a letter making their case for hooking up with Google instead of inking an ad deal with Redmond. The letter argues that the Google partnership strikes the right strategic balance and gives the company more flexibility than Microsoft’s proposal to acquire Yahoo’s search business.
Posted by on Friday, June 27th, 2008
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