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Microsoft Seeks Allies for New Yahoo Bid: WSJ
Topics:Technology | Mergers & Acquisitions
Sectors:Technology
Companies:Time Warner Inc | News Corporation Limited | Microsoft Corp
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Microsoft is preparing a new bid for Yahoo's search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo's breakup, the Wall Street Journal said.
Microsoft [MSFT
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] and News Corp [NWS
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], among others, the newspaper quoted people familiar with the discussions as saying.
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The talks are preliminary and unlikely to result in a deal with Yahoo, the paper said.
Microsoft was not immediately available for comment.
Copyright 2008 Reuters. Click for restrictions.
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