1. Archive


Published Feb. 9, 2008

Yahoo Inc.'s board reportedly held a special meeting Friday to discuss how to handle its first response to Microsoft Corp.'s week-old $44.6-billion takeover bid, setting the stage for either a quick resolution or months of acrimonious wrangling.

After fruitlessly searching for other suitors, Yahoo's options appear to have boiled down to a tough choice.

In the most likely outcome foreseen by industry analysts, Yahoo will either begin negotiating an amicable sale to Microsoft or undergo a reorganization, relinquishing control of its search engine and a big piece of its advertising to rival Google Inc.