News Corp Will Not Fight Microsoft For Yahoo

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News Corp Will Not Fight Microsoft For Yahoo

By Reuters (via Yahoo), published on March 11, 2008 at 12:40 PM
Source: Tom's Guide US | Keywords: news, corp, microsoft | Themes: Business

Syndication:

Rupert Murdoch said on Monday his News Corp would not get into a fight with Microsoft over Yahoo, confirming what most industry and Wall Street observers suspected. Murdochs company has been in talks with Yahoo over a transaction to combine News Corps MySpace Internet social network and other Internet assets with Yahoo, a source familiar with the talks said earlier.

Read the complete story here.