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Mayer: 'We have been responsive and engaging' on sale

There is no better defense than a good offense.

Today, in a conference call, Yahoo CEO Marissa Mayer defended criticism over its sales process.

“Our board, our management team and I have made our strategic alternative process a priority,” she said. “We have been responsive and engaging.”

Mayer was talking about the bidding to buy Yahoo’s core business, which has been declining. Possible buyers include Verizon, as well as private-equity powerhouses like Bain Capital, Vista Equity Partners and TPG.

Yahoo today turned in earnings in the first quarter that slightly exceeded already lackluster Wall Street expectations.

Here is a live blog of the session:

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