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With Bartz On Board, Next Wave Of Speculation Rolls In
Source: paidContent.org
Jan 18, 2009


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Summary

Carol Bartz was on board as CEO of Yahoo for all of 15 seconds before the assumptions and speculation began—particularly when it comes to making a deal with Microsoft (NSDQ: MSFT). The initial assumption: Bartz was selected, in part, because she can make a deal with Microsoft CEO Steve Ballmer for Yahoo's search business. She spoke informally with Ballmer the day she became CEO, then followed that with a staff meeting where, by all reports, she made it quite clear that she wasn't going to jump right into a deal. In fact, according to the Wall Street Journal, she said her "gut" instinct is to keep the search business. The inevitable news leaks sent Yahoo's stock down. Then another leak revived hopes: a Valleywag report that Ballmer had been spotted talking with Yahoo Chairman Roy Bostock at the Time Warner (NYSE: TWX) Center in Manhattan. (Meeting at Time Warner headquarters, of course, also raises another specter—that of the much-discussed deal with AOL that couldn't get anywhere late last year.)



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