Monday, March 10, 2008

News Corp Not Interested In Yahoo

According to Reuters media mogul Rupert Murdoch has said News Corp would not get into a fight with Microsoft Corp over Yahoo Inc.

"We're not going to get into a fight with Microsoft, which has a lot more money than us," Murdoch told investors at the annual Bear Stearns media conference.

It looks as though Yahoo will have to look elsewhere for salvation. Yahoo has been seeking to block Microsoft's $44.6 billion bid and possible hostile take over attempts.

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