Yahoo Is Said to Be in Talks With News Corp

[didymus]

tinyurl.com/2p9k9q

** Yahoo Is Said to Be in Talks With News Corp.**

Yahoo has begun discussions with News Corporation to explore alternatives to Microsoft’s buyout offer, people familiar with the talks said on Wednesday.

The preliminary discussions stem from an approach Yahoo’s bankers made to News Corporation last week as part of Yahoo’s effort to find a “white knight” and avoid a hostile takeover by Microsoft.

The talks, which were described by both sides as a “long shot,” center on merging Fox’s interactive assets — led by the social networking site MySpace — with Yahoo. News Corporation is participating in the talks, in part, because, as one participant said, “there’s nothing to lose.” Either News Corporation clinches a deal, or more likely, its interest pushes up the price of Yahoo for its competitor, Microsoft. The Microsoft bid, a mix of cash and stock, is now worth $42.1 billion.

Gee, who would I rather see buy Yahoo!, Bill Gates or Lord Vol – I mean Rupert Murdoch?
If News Corp. succeeds I can just picture every Yahoo! search returning results from their papers, networks, &c.