They Really Are Yahoo's

Usually it takes a while for a company to screw up a good thing. It only took Yahoo YHOO a few hours. Comments from a meeting at the Silicon Valley-based company are hitting shares, as Yahoo co-founder, director and former CEO Jerry Yang told the 13,5000 employees the company was “not for sale.” Despite his comments, the company is hiring advisory firms, such as Allen & Co., to explore strategic alternatives. The comments were first reported by AllThingsD. I guess they really are yahoo's. At last check, shares were up 50 cents to $13.41, but had been as high as $14.00 earlier in the session.
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Posted In: NewsRumorsM&AMoversTechMediaAllThingsDJerry Yang
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