Microsoft-Yahoo talks might resume

The Microsoft-Yahoo saga continued as Microsoft expressed a willingness to jump start purchase talks with Yahoo if the latter replaces its board.

The Microsoft-Yahoo saga continued as Microsoft expressed a willingness to jump start purchase talks with Yahoo if the latter replaces its board. The news came via activist investor, Carl Icahn, who issued a public letter about his talks with Microsoft. Microsoft confirmed the discussion in a press release

Icahn has his own board in mind, and believes that a new board would approve the deal. Yahoo and Microsoft stock rose in early trading with the revelation.

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