Yahoo CEO to Microsoft: Bring Boatloads of Money and it’s a Deal!

May 28, 2009

(ChattahBox)—The new Yahoo CEO, Carol Bartz told the Wall Street Journal she was open to a deal with Microsoft if the terms amounted to a fantastic offer she couldn’t refuse.

Bartz was interviewed on stage at the All Things Digital conference in Carlsbad that’s wrapping up today.

“If there’s boatloads of money and the right technology involved, we’d do a deal, sure,” Bartz said.

Microsoft made a $45 billion offer to Yahoo last February that started out at $31 per share and was raised to $33, which represented a 62 percent premium over Yahoo’s trading price. Yahoo stock closed on Wednesday at $14.94 a share.

CEO and co-founder of Yahoo, Jerry Yang rejected Microsof’s offer, receiving much criticism from his shareholders and ultimately was forced to step down and replaced with Bartz.

Microsoft is anxious to get a piece of the search engine advertising revenue that is currently dominated by Google. The company is about to launch its own search engine, named Bing. Purchasing Yahoo would certainly award Microsoft a bigger slice of the search engine pie.

Bartz was a speaker at the All Things Digital conference, held at the Four Seasons Resort Aviara in Carlsbad, California.

The three day conference hosts all the big names in the digital world, including Biz Stone, Co-Founder of Twitter, Mitchell Bake, Chairman of Mozilla and Arianna Huffington, Editor-in-Chief of the Huffington Post.

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2 Responses to “Yahoo CEO to Microsoft: Bring Boatloads of Money and it’s a Deal!”

  1. Yahoo CEO to Microsoft: Bring Boatloads of Money and it’s a Deal! - Chattahbox.com « AddingInfo.com on May 28th, 2009 8:06 am

    […] couldn’t refuse. Bartz was interviewed on stage at the All Things Digital conference in … Read Full Post: Yahoo CEO to Microsoft: Bring Boatloads of Money and it’s a Deal! – Chattahbox.com Amazon.com […]

  2. Posts about Huffington Post as of May 28, 2009 » The Daily Parr on May 28th, 2009 9:01 am

    […] from the financial sector, is quoted by the Huffington Post as saying, “There used Yahoo CEO to Microsoft: Bring Boatloads of Money and it’s a Deal! – chattahbox.com 05/28/2009 (ChattahBox)—The new Yahoo CEO, Carol Bartz told the Wall Street […]

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