23 Dec '11, 11pm

Yahoo board continues talks on Asian deal - WSJ

Private equity firms TPG and Silver Lake have each advanced separate proposals to Yahoo's board that would involve the firms purchasing minority stakes in Yahoo, sources have told Reuters. Those plans have been fiercely opposed by some of Yahoo's largest shareholders, including activist hedge fund manager Dan Loeb of Third Point LLC.

Full article: http://sg.finance.yahoo.com/news/Yahoo-board-continues-ta...

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