Yahoo Board to decide the fate of Microsoft's deal

Yahoo board would be meeting today to decide the fate of the microsoft deal. It is very unlikely that Yahoo would be challenging the microsoft's bid of 31$ per share. There are only two options left. Accept the offer in principal, and try to increase the price with no negotiating leverage at all, or do a deal with Google to outsource search advertising and, likely, search itself.

The contingent of senior executives at Yahoo, who are willing to do literally anything to thwart a Microsoft takeover, are pushing for the Google deal and will present their case at the meeting.