Microsoft Corporation's board met on April, 30th to discuss its deadlock on the $41.8 billion Yahoo Inc's takeover bid, but failed to reach a decision, according to a Wall Street Journal report.
Meanwhile, the directors of the software giant suggest for adopting a hostile approach and appoint a proxy slate of directors to replace Yahoo's board.
Brad Smith, the top lawyer of Microsoft says that no meetings have been scheduled between executives, but he remains silent on the company's next move.
Meanwhile, the directors of the software giant suggest for adopting a hostile approach and appoint a proxy slate of directors to replace Yahoo's board.
Brad Smith, the top lawyer of Microsoft says that no meetings have been scheduled between executives, but he remains silent on the company's next move.
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