Yang To Yahoos: Stay Focused; Still Open To Strategic Alternatives
By Joseph Weisenthal - Fri 16 May 2008 04:28 AM PST
Just when Yahoo (NSDQ: YHOO) thought it could get back to putting their heads down, here’s CEO Jerrry Yang again, reminding the Yahoo team that it needs to stay focused during a “very important time in our Company’s history.” In an internal letter, filed with the SEC, Yang reminds the company’s bosses on its key talking points. They should be pretty familiar with them by now: Yahoo is in a strong position, is executing well, and has great assets. But if the right cards were to fall into place, yes, strategic alternatives are always being explored. And again on Icahn, as stated in last night’s letter, he misunderstands the situation. A similar, less detailed letter to all Yahoos is here.
Posted in: Companies, Microsoft, Yahoo, VC+M&A, Mergers & Acquisitions
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