TITLE

News Corp. in Yahoo Talks

PUB. DATE
February 2008
SOURCE
Red Herring;2/13/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the rumored talks between Rupert Murdoch's News Corp. and Yahoo to combine MySpace and other Internet properties with Yahoo to fend off Microsoft's $42.1 billion bid. One proposal under discussion would value the MySpace online social network at around $6 billion to $10 billion and would give News Corp. a more than 20 percent stake in a combined company, according to the "Wall Street Journal" web site. News of the discussions were first reported by the Silicon Alley Insider blog, followed by the TechCrunch blog.
ACCESSION #
36876149

 

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