Yahoo's Yang says still open to Microsoft

NEW YORK (Reuters) - Yahoo Inc Chief Executive Jerry Yang left the door open to Microsoft Corp on Monday, saying he had mixed feelings about the break up of discussions over the weekend.

"We were negotiating a way to find common ground and then on Saturday they chose to walk away," Yang told Reuters in an interview. "They started it and they walked away."

Asked if Yahoo would still leave a door open to talks, Yang said: "If they have anything new to say, we would be open. ... I am more than willing to listen."

Yahoo shares fell 15 percent on Monday after Microsoft pulled its $47.5 billion offer for the Internet company. Some analysts said the shares could have dropped further but that investors were hoping Microsoft would eventually come back to the table.

(Reporting by Michele Gershberg, editing by Richard Chang)