Yahoo may consider Google alliance, source says

[David Farber <dave () farber net>]

________________________________________
From: Joseph Lorenzo Hall [joehall () gmail com]
Sent: Sunday, February 03, 2008 8:59 PM
To: David Farber
Subject: Yahoo may consider Google alliance, source says

http://www.reuters.com/article/technologyNews/idUSN0362915520080204

Yahoo may consider Google alliance, source says
Sun Feb 3, 2008 8:23pm EST

By Eric Auchard

SAN FRANCISCO (Reuters) - Yahoo Inc would consider a business alliance
with Google Inc as one way to rebuff a $44.6 billion takeover proposal
by Microsoft, a source familiar with Yahoo's strategy said on Sunday.

Yahoo management is considering revisiting talks it held with Google
several months ago on an alliance as an alternative to Microsoft's
bid, that source said. At $31 a share, Yahoo believes the bid
undervalues the company, two sources said.

A second source close to Yahoo said it had received a procession of
preliminary contacts by media, technology, telephone and financial
companies. But the source said they were unaware whether any
alternative bid was in the offing.

In a memo to Yahoo employees on Friday, which was obtained by Reuters
on Sunday, Yahoo leaders wrote: "We want to emphasize that absolutely
no decisions have been made -- and, despite what some people have
tried to suggest, there's certainly no integration process underway."

...

--
Joseph Lorenzo Hall
UC Berkeley School of Information
http://josephhall.org/

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