Microsoft Seeks Partners For a New Run At Yahoo
July 2, 2008 at 5:11 AM (PT)
MICROSOFT is positioning itself for a new run for YAHOO INC.'s search business, reports THE WALL STREET JOURNAL. According to the article, MICROSOFT has approached other media companies in recent days about joining it in a deal that would effectively lead to YAHOO's breakup, say people familiar with the discussions.
MICROSOFT has held discussions with TIME WARNER INC. and NEWS CORP., among others, say people involved in the talks. In the past, MICROSOFT has floated an arrangement under which it would acquire YAHOO's search business and another partner, such as NEWS CORP.'s MYSPACE or TIME WARNER's AOL, would combine forces with what remained of YAHOO.