Information is finally coming to lights that Microsofts and Yahoo’s senior executives have made a breakthrough as this is the first formal communication that both companies have attended. Although no bankers attended the meeting it is said to have been a discussion on what Microsoft and Yahoo can achieve combined as a whole. Although Microsofts bid has been officially rejected due to the fact that it was an undervalue pricetag they are said to want to have a close look at Yahoo’s finances to consider raising the price. Although AOL were also very interested in Yahoo that has now probably been scraped due to the high price purchase of bebo earlier this week. You can read more regarding this over at CNET
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