Watchlist Sponsored By :
- DoCoMo invests $45.5 mln in US mobile video firm
- Samsung announces earnings estimate
- Omg! Positive tone boosts Yahoo celeb site to top
- BT offers staff time off in exchange for pay cut
- The old is new again at Saturday Evening Post
- Web retailers, states tussle over tax rules
- Companies pledge more openness about Web tracking
- Sony toils as Walkman hits 30th anniversary
|
CNBC'S MOST SHARED
- UBS Says It Stays Committed to US Brokerage
- Plan to Sell General Motors' Assets Is Approved
- China Launches Major Step to Yuan Internationalization
- China Says 140 Die in Rioting
- Obama's Russia Visit to Bring Over $1.5 Billion in Deals
- UK Spy Chief's Wife Posts Life on Facebook
- BOJ Shirakawa: Japan Corporate Finance Still Tight
- Alcoa to Post Loss — What Does This Mean?
- Biden: 'We Misread How Bad The Economy Was'
Yahoo, Time Warner Step Up Talks: WSJ
Topics:Internet | Technology
Sectors:Internet | Technology
Text Size 
Yahoo and media conglomerate Time Warner have stepped up talks to create an alternative to Microsoft's offer to take over the Web company, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
 |
Paul Sakuma / AP Yahoo!'s headquarters in California. |
[TWX
Loading...
()
] AOL Internet unit into Yahoo [YHOO
Loading...
()
], according to the people, who still consider a Yahoo purchase by Microsoft [MSFT
Loading...
()
] as the most likely outcome.
Last month Microsoft made a $41 billion offer to buy Yahoo, which was rejected as undervaluing the business.
Yahoo and Time Warner were not immediately available for comment.
Copyright 2009 Reuters. Click for restrictions.
Print
Email
MORE FROM CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes