News Corp, Microsoft discuss joint Yahoo bid: report

[Eugene]

Source: Reuters

News Corp, Microsoft discuss joint Yahoo bid: report
Wed Apr 9, 2008 11:13pm EDT

By Eric Auchard and Anupreeta Das

SAN FRANCISCO/NEW YORK (Reuters) - Microsoft Corp and
News Corp are in talks about a joint bid for Yahoo Inc that
would add MySpace to a proposed Microsoft-Yahoo
combination, newspapers reported on Wednesday.

But Yahoo is in talks to merge with Time Warner Inc's AOL
unit, a source familiar with the negotiations said, after
Yahoo announced on Wednesday a test to use rival Google
Inc's Web search service -- a three-way option to try to
extract a higher Microsoft bid or even stay independent.

Microsoft has said it will launch a hostile bid for Yahoo
and could lower its offer in about three weeks if it does
not get a deal from Yahoo, a Web pioneer which argues it
is worth more than Microsoft's $42 billion bid.

Any of the combinations, or another yet to be determined,
would fundamentally change the Web. Internet and media
players have been circling each other for two years waiting
for a game of musical chairs to begin in earnest and lead
to consolidation.

-snip-

Read more: http://www.reuters.com/article/newsOne/idUSN0942900520080410

[ColbertWatcher]

1. Nooo!

What is it with Murdoch and his desire for all of the internets tubes?

First he bought MySpace



And now he wants Yahoo?

How small can a penis be before it no longer qualifies as a penis?

Seriously?

Oliver Stone needs to make a "Citizen Kane" about Murdoch.