Yahoo! Inc Investors after negotiations with Microsoft Corp

Things are not too cozy at Yahoo! Inc. these days, as investors are losing patience with Chief Executive Officer Jerry Yang, they are not happy about the fact that talks with both Microsoft Corp. and Google Inc. have broken down.

Analyst, Anthony Valencia from Los Angeles-based TCW Group Inc. believes that Yahoo should pursue a buyout offer from Microsoft, or consider bringing in some outside leadership. Valencia believes that it is not too late for a new CEO to come in and take advantage of Yahoo’s assets.

Just yesterday, Google backed away from their plan to sell ads on Yahoo’s pages, Google took the decision after the Justice Department threatened to block the agreement. Yang it seems is on borrowed time, as under his leadership a deal with Microsoft worth $47.5 billion also fell through early this year.

Read full article

CLICK HERE to keep updated with the latest news, share a comment or problems with products and services. Follow us on twitter or read more yahoo news.