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November 6, 2008

Quote of the Day: Yahoo's Yang Now Prefers a Microsoft Sale

“To this day, I have to say that the best thing for Microsoft to do is to buy Yahoo. I don’t think that is a bad idea at all…at the right price, whatever the price is, we are willing to sell the company."

-Jerry Yang, speaking at the Web 2.0 Summit.

Yang's comment during an on-stage interview with John Battelle was astonishing, for a number of reasons. First, Jerry Yang and his team fought Microsoft's early aggressive advance tooth and nail, and while they've since said they were open to a deal all along, no senior Yahoo executive has said such a marriage would be the best outcome for the company.

Also, to me at least the statement suggests a deal to buy AOL from Time Warner is not imminent. I wasn't there, so I don't have the full context, but I can't imagine why Yang would express enthusiasm for one massive merger while finalizing an unrelated one. Yang declined to comment on the AOL talks.

Posted by Zachary Rodgers at November 6, 2008 9:43 AM

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