Yahoo board strategizes on Microsoft bid: report
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Yahoo Inc's board met by telephone on  Friday and discussed strategy for getting Microsoft Corp to  raise its $42 billion offer for the company and the possibility  of hiring Google Inc to run Yahoo's search, the Wall Street  Journal said.
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BOSTON/SEATTLE  - Yahoo Inc's   second-biggest shareholder urged Microsoft Corp  to  raise its $42 billion bid for the Web pioneer and warned Yahoo  it has few options other than to accept, raising pressure for  them to seal a deal.
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Yahoo chief executive Jerry Yang sent a message to employees on Wednesday, assuring them the firm's leaders are exploring ways to avoid a takeover by software giant Microsoft.
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Yahooâs board decided that Microsoftâs $44.6 billion hostile bid undervalues Yahoo, a person familiar with the matter said.
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Yahoo's board is reported to be planning to reject Microsoft's unsolicited offer as being too low.
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Though a number of hurdles remain, Microsoft's plans to buy Yahoo are likely to pass regulatory review, analysts said today.
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Yahoo's  board members are  formally discussing Microsoft Corp's  $42 billion  unsolicited offer for the company and have scheduled an  in-person meeting for next week, the All Things Digital blog  reported on Friday.
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The software maker lets a few details out during an employee Web cast to discuss Yahoo bid. It's just one of many product tidbits I expect to come out as part of regulatory filings associated with the offer.
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SAN FRANCISCO/NEW YORK  - Yahoo Inc would consider a business alliance with Google Inc as one way to rebuff a $44.6 billion takeover proposal by Microsoft, a source familiar with Yahoo's strategy said on Sunday.
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Yahoo is exploring a possible alliance with media conglomerate News Corp. to stave off a take-over by software giant Microsoft, The Wall Street Journal reported on Wednesday.
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Yahoo Inc's  board  believes Microsoft Corp's  unsolicited bid of $44.6  billion to acquire Yahoo "massively undervalues" the company  and directors are set to reject the offer, the Wall Street  Journal reported on Saturday, citing an unnamed source.
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Fearful that software giant plans to "steal" company The Wall Street Journal is reporting that the board at Yahoo plans to reject Microsoft's unsolicited $44.6 billion takeover offer.â¦
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The Yahoo bid is a dramatic statement from Microsoft, a company that delayed acknowledging the importance of emerging Web business models for so long.
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Yahoo&#39;s rejection of Microsoft&#39;s acquisition bid&#160;is likely a negotiating strategy to elicit a higher offer and shouldn&#39;t be seen as an attempt to resist a deal at all costs, according to analysts.
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Yahoo may team up with News Corp. to fend off&#160;Microsoft&#39;s bid to buy the struggling Web portal, according to a Wall Street Journal report on Wednesday.
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Yahoo Inc  said it may take  "quite a bit of time" to weigh its strategic options, including  keeping the company independent, following Microsoft Corp's   $45 billion offer to buy the company.
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Most of Yahoo Inc's  top  institutional shareholders may be more interested in making  sure Microsoft Corp  does not overpay for the Web  pioneer, because they have more money invested in the bigger  software maker, a research report said on Friday.