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Rupert Murdoch – Yahoo’s White Knight?

13th February 2008

Rupert MurdochRupert Murdoch to the rescue! In an interesting twist to the Microsoft-Yahoo saga, Techcrunch and the Wall Street Journal both report that Yahoo is exploring an alliance with News Corp.

While details are still being worked out, discussions are taking place about integrating News Corp’s Internet assets (incl. the popular MySpace) with Yahoo. In addition, News Corp and a private equity firm purchase significant stakes in Yahoo as part of a deal to boost the shares of Yahoo above Microsoft’s $31 / share offer.

Read more about the latest developments on Yahoo! News.

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This entry was posted on Wednesday, February 13th, 2008 at 6:09 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. or .

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SmugMug is not a Tech or Web 2.0 Company »