April 30, 2008 12:52 PM PDT
Report: Microsoft board mulls higher Yahoo offer
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 $32 to $33 per share, well over the present $29.12 value of Microsoft's offer, but "major Yahoo shareholders" are angling for $35 to $37 per share, the paper reported.
Stephen Shankland writes about a wide range of technology and products, but has a particular focus on browsers and digital photography. He joined CNET News in 1998 and since then also has covered Google, Yahoo, servers, supercomputing, Linux and open-source software, and science. E-mail Stephen, or follow him on Twitter at http://www.twitter.com/stshank. 
