Microsoft has given Yahoo a three week ultimatum (either agree or we enter a hostile takeover). Yahoo has tried to solicit bids from Time Warner (AOL), it has entered into new agreements with Google on an ad partnership and the company is going into an earnings report on April 22.

The upcoming earnings release will be a make it or break it report for Yahoo. Fall short and your options are limited, beat The Street and you might buy yourself some more time in the partnership/buyout arena.

Look for Yahoo’s earnings release Tuesday April 22.

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