All summer and fall, we’ve all been reading reports that AOL would like to merge into Yahoo.
“… when I think about our company and where our future is, and those things, it’s really as an independent entity, and being very focused on our core strategy.”
Says Kafka: “I expected some squirming from Armstrong on this one, and if you watch the video, you’ll see he never denies that he has talked to Yahoo about some kind of deal, or bankers, or whatever. But he also insists that he wants to keep the company independent, which is as close to a denial as we’re going to get.”
Here’s the video, which you should watch for the grilling Kafka gives Armstrong: