Yahoo have spoken out regarding the takeover and the development of their company.
The prime points covered are that; they are sticking by their growth forecasts despite the slowing economy and that they DO NOT require Microsoft to help them at all.
Jerry Yang stated: “Yahoo is positioned for accelerated financial growth—we have a powerful consumer brand, a huge global audience and a highly profitable operating model”
Do you believe the merger will go ahead? Would it remotely be able to compete with the market dominance of Google?
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