In an attempt to deter Microsoft's hostile takeover, Yahoo is possibly considering a merger with News Corp - the owner of the Wall Street Journal and Myspace. The specifications have not been drawn out yet but a source close to the situation says that News Corp. and a private equity firm would purchase stake in Yahoo, but as of yet, nothing has been confirmed.
http://news.yahoo.com/s/ap/microsoft_yahoo
Wednesday, February 13, 2008
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