Fred Business News - Microsoft Corp. met with Yahoo Inc. to discuss the software maker's unsolicited takeover bid earlier this week, a breakthrough that could be the first step toward a friendly deal between the two rivals.

The meeting occurred Monday near Yahoo's Sunnyvale headquarters, according to a person familiar with the situation. The person spoke Friday on the condition of not being identified because the preliminary talks haven't been formally disclosed.

No investments bankers attended Monday's meeting, nor was there any discussion about whether Microsoft is willing ...   more »