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Microsoft directors mull Yahoo bid
Microsoft's directors were meeting Wednesday to consider raising the software maker's $41.9 billion bid for Yahoo instead of pursuing a threatened hostile takeover attempt, according to a published report.
A decision could emerge after the meeting, The Wall Street Journal reported, citing unnamed people familiar with the matter.
Microsoft also is weighing withdrawing its bid--a move likely to cause a precipitous drop in Yahoo's stock, which has been bolstered by the 3-month-old takeover bid.
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