---- Yahoo Tells Shareholders : Google Is Better For Us Than Microsoft
engine - 12:06 pm on Jun 26, 2008 (gmt 0)
In a new letter to its shareholders on Wednesday, Yahoo once again explained why a search advertising deal between Yahoo and Google is far superior to an alternate proposal that Microsoft had made to buy Yahoo’s search business. For those following the tit-for-tat of public statements between Microsoft and Yahoo, the letter offers little that is new, except for the following tidbit: The Microsoft proposal “would also have given Microsoft veto rights on certain future Yahoo actions, including a sale of Yahoo,” Yahoo Chairman Roy Bostock and Chief Executive Jerry Yang wrote. Microsoft could not immediately be reached for comment.