Microsoft and Yahoo's last negotiations leave Yahoo board members ready to quit

Yahoo and Microsoft negotiators met for the last time on June 8 at Mineta San Jose International Airport. There, Microsoft executives told Yahoo's that it was definitively not interested in acquiring the entire company. But sources told's Ina Fried, that in addition to a search outsourcing deal similar to Google's, Microsoft offered $35 per share for 16 percent of the company. Yahoo negotiators told Microsoft it could acquire the entire company or none of it. Microsoft rejected the offer. Ina Fried's Beyond Binary and Kara Swisher's BoomTown both report that one or more Yahoo board members are planning their departures, upset with the way negotiations turned out.