Yahoo Board To Meet Friday; Solo Microsoft Still Odds-On Favorite To Win

This story was written by Joseph Weisenthal.
Today was almost eerily quiet after yesterday's rapid-fire flurry of news However WSJ is reporting that the Yahoo board is set to meet tomorrow (Friday) to discuss Microsoft's (NSDQ: MSFT) takeover bid. What's more, despite the renewed participation from Google (NSDQ: GOOG), AOL (NYSE: TWX) and News Corp (NYSE: NWS). the prevailing sense, according to the report, is that Microsoft, on its own, will ultimately swallow Yahoo (NSDQ: YHOO). As for what they'll be talking about at the meeting, it's not totally clear, though just a wild here: they won't be at a loss for something to talk about. Further discussions are likely to be held next week, with a more direct eye towards settling on a plan.

The report also notes that the AOL proposition hasn't exactly won over major Yahoo shareholders. As for Microsoft-News Corp., talks between the two companies to take a joint action are said to have begun last year.


By Joseph Weisenthal