Yahoo had secretly for the resumption of negotiations with Microsoft's acquisition of hearsay, Yahoo executives Wednesday local time by e-mail confirmation, not the resumption of negotiations with Microsoft, Google still is the best partner.
Although Yahoo has not completely ruled out in the mail with Microsoft the possibility of cooperation, but they emphasized that Google is the best partner of cooperation. This statement is also on August 1 the possible replacement of the board of directors of the implementation of the Strategy. Reporter could not get through after the initiator of the proxy war Karl. Icahn calls.
Before against Microsoft if they said the success of Yahoo's acquisition, Yahoo will bring about 1 billion U.S. dollars a year in cash flow, more than Google's 250 million-450 million the number of Yahoo on Wednesday also said that Microsoft's acquisition is not Yahoo will increase cash flow, but they refused to buy Microsoft's agreement also does not affect any of its sales. Microsoft did not comment on the matter. Microsoft had previously stressed that they have no interest in the acquisition of Yahoo, the acquisition can only hope that some of its business.
Affected by this news, Yahoo shares fell 26 cents on Wednesday to close at 22.01 U.S. dollars. Since Google announced the cooperation agreement, its shares have dropped 16 percent total.
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