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The Wall Street Journal reported the Yahoo board would meet on Friday but said no big decisions were likely until at least next week. A Yahoo spokeswoman declined to comment.
A source familiar with the board's activities told Reuters that Yahoo directors meet to discuss the Microsoft offer and alternatives to it as many as three times a week.
A separate source familiar with the board's deliberations said any big decisions would likely only happen after the company's quarterly earnings report on April 22.
Microsoft Yahoo Deal Unlikely Before Quarterly Earnings, April 22 [uk.reuters.com]