Software giant Microsoft has said it would be willing to again talk to Yahoo about a possible takeover if the search firm had a new board of directors.

Microsoft had offered to buy its rival's search business, but was rebuffed with Yahoo saying "it made no sense financially or strategically".

Since then, a number of investors have criticised Yahoo's decision.

They have called for changes to Yahoo's management, and have urged other shareholders to back a takeover.

Shareholder Carl Icahn is trying to oust Yahoo's board, including the Internet firm's co-founder and chief executive Jerry Yang.

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(BBC)

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