Microsoft's board of directors met Wednesday to evaluate options in its attempt to acquire Yahoo, The Wall Street Journal reported.
An announcement of the board's conclusions could come after the meeting, the newspaper said, citing people familiar with the situation.
Microsoft is evaluating an offer of as much as US$32 to US$33 per share, well over the present US$29.12 value of Microsoft's offer, but "major Yahoo shareholders" are angling for US$35 to US$37 per share, the paper reported
This article was originally a blog post on CNET News.com.
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