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Jun 25, 2009 2:12 pm US/Central
Yahoo! CEO Promises She'll 'Get Mojo Back'
SANTA CLARA, Calif. (AP) ―
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Justin Sullivan/Getty Images
Yahoo! CEO Carol Bartz assured shareholders that the slumping Internet company will "get our mojo back" as she tries to end a three-year slump that confounded her two predecessors.
Bartz made the pledge Thursday during her first shareholder meeting since Yahoo! hired her six months ago.
In the mostly amiable one-hour meeting in Santa Clara, Bartz also told shareholders she won't talk publicly about Yahoo!'s on-again, off-again talks with Microsoft unless the two rivals make a deal.
Yahoo! Inc. rejected a $47.5 billion takeover bid from Microsoft Corp. last year, infuriating many of its shareholders. Microsoft has since explored buying Yahoo!'s search engine, but Bartz has downplayed that possibility.
(© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
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