CEO declares independence for Yahoo!

Tim Koogle, the head honcho at Yahoo! has confirmed that the leading portal has no intention of loosing its status as an independent company. Interviewed in the French newspaper La Tribune today he said: "Yahoo! is an independent and will remain independent." His insistence that Yahoo! will not get caught up in the current frenzy of acquisitions and mergers comes just a few days after the diversified US media company, USA Networks, said it was to acquire the third-largest portal Lycos. That deal happened a week after Lycos' CEO said his company would remain independent and a partership was "not imminent". reg;