April 12, 2008
11:17 pm
At least two decisions were made at Yahoo’s board meeting yesterday, say the NYT’s Andrew Ross Sorkin and Miguel Helft: Yahoo will meet with both Microsoft and Time Warner (TWX) next week.
As with much of the information about the Microsoft-Yahoo standoff that has appeared in the press, the board-meeting leaks seem carefully choreographed. The NYT notes, for example, that the board “authorized” the AOL and Yahoo meetings, phrasing that was probably designed to blunt the criticism in Steve Ballmer’s letter that the board hadn’t even authorized the company to negotiate with Microsoft.
Microsoft, Yahoo!, AOL, Corporte News
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