NEW YORK (Reuters) -
Microsoft Corp (MSFT.O) and Yahoo Inc
(YHOO.O) met on Monday to discuss Microsoft's takeover offer
for the Internet company, the Wall Street Journal reported on
Friday, citing people familiar with the matter.
The meeting was said to be the first since Microsoft made
its unsolicited offer for Yahoo, worth nearly $42 billion, on
January 31. Yahoo rejected the offer as inadequate last month.
The Journal said the meeting wasn't a negotiation and that
no bankers were present.
The session was intended to allow Microsoft to present its
vision of a combined company, and Yahoo executives mostly
listened, the Journal quoted one of the sources as saying.
Microsoft and Yahoo spokesmen declined to comment.
(Reporting by Eric Auchard in San Francisco, Daisuke
Wakabayashi in Seattle, and Yinka Adegoke, editing by
Jacqueline Wong)
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