Microsoft, Yahoo courtship takes turn

Mogul meeting had Sun Valley confab buzzing

The tortured courtship between Microsoft and Yahoo took more twists and turns last week.

Microsoft said it would be willing to reconsider buying the company if the current board were ousted, prompting Yahoo’s board — which played hard to get until Microsoft withdrew its proposal — to protest that it wanted to merge now. Rumors flew that Netco topper Jerry Yang would step down, which he promptly denied.

Small wonder then that moguls at Herb Allen‘s Sun Valley, Idaho, confab were buzzing about the huddle between second-in-command Sue Decker, Google co-founder Larry Page, Legg Mason’s Bill Miller and former Yahoo chieftain Terry Semel at a local drinking establishment.

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