Business
Yahoo board meeting considers its options, that's all
The Wall Street Journal is reporting on the Yahoo board of directors meeting today on what to do about Microsoft's $44.6 billion acquisition offer.
The Wall Street Journal is reporting on the Yahoo board of directors meeting today on what to do about Microsoft's $44.6 billion acquisition offer. Citing people familiar with the matter, the WSJ said that in a teleconference Yahoo's board discussed outsourcing search ads to Google and getting a higher bid from Microsoft. Meanwhile Yahoo is hiring more bankers and advisors to navigate the choppy waters. Yahoo's board is slated to meet on Wednesday in person to further consider the dwindling options.