News Corp Deal Not a Likely Alternative for Yahoo
Throughout the Microsoft-Yahoo saga, which came to a swift end last night, a deal with News Corp has often been rumored as another option for Yahoo. These rumors (which actually started last summer, long before Microsoft made its unsolicited bid) mostly involved some sort of tie-up where News Corp would trade MySpace for a significant ownership position in Yahoo.
However, such discussions have “cooled” according to a report from Reuters this afternoon, and Microsoft withdrawing its offer has done nothing to change that. Other rumored alternatives, such as a deal with Time Warner/AOL have also not materialized in recent weeks.
In the near-term, it looks like Yahoo will be going it alone, and dealing with whatever valuation that the public markets place on the company come tomorrow morning.
© Adam Ostrow for Mashable! - The Social Networking Blog, 2008. |
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