Yahoo CFO says not opposed to search sale
Thursday, February 26, 2009 : PermalinkReuters – Internet firm Yahoo Inc is "not opposed" to doing a deal that would potentially sell its search business, Chief Financial Officer Blake Jorgensen said on Wednesday.
But he said the search business is deeply intertwined with Yahoo’s other online products and properties, and so any deal, whether a partnership or a sale, would be done for the right reasons and the right economics.
"It’s extremely difficult to draw a line down the middle of the organization and split it into two pieces," Jorgensen told the Goldman Sachs Technology and Internet conference.
He did not mention specifically Microsoft Corp, which has repeatedly said it was interested in doing a search deal with Yahoo to compete against market leader Google Inc.
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