Yahoo (YHOO) CFO Says Not Against Search Sale

Reuters is reporting that Yahoo (Nasdaq: YHOO) is "not opposed" to doing a deal that would potentially sell its search business, CFO Blake Jorgensen said on Wednesday.

But, he did say the search business is deeply intertwined with Yahoo's other online products, and so any deal, would have to be done for the right reasons and economics.

"It's extremely difficult to draw a line down the middle of the organization and split it into two pieces," Jorgensen told the Goldman Sachs Technology and Internet conference.

Collins Stewart analyst Sandeep Aggarwal said his comments are signs the language between Yahoo and Microsoft (Nasdaq: MSFT) is becoming softer, suggesting the two companies could be entering a "more polite negotiation phase."

Shares of Yahoo are currently up 5.53% to $13.18 in today's trading.

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