Yahoo Chief Jerry Yang is leaving the door open to Microsoft, he tells us. In an interview with Reuters’ Michele Gershberg, Yang says he had been seeking common ground when Microsoft abruptly ended deal talks.
Yang: “We were negotiating a way to find common ground and then on Saturday they chose to walk away.”
Asked if they’re up for more from Microsoft, Yang says, “If they have anything new to say, we would be open … I am more than willing to listen.”
Is this a cover-our-butts move in the event they face shareholder lawsuits or is it a candid appeal to Microsoft to come back to the table?
Separately, sources are telegraphing that a final agreement between Google and Yahoo has not been reached as they discuss a potential deal with regulators. They also say any potential deal with Yahoo would not be prohibitive to Yahoo striking other agreements down the line. The move appears to be Google’s attempt at playing both sides — offering a carrot to Yahoo, while appeasing regulators.