Published on Thu, Apr 10, 2008 at 18:27 | Source : CNBC-TV18
Updated at Fri, Apr 11, 2008 at 10:49
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News Corp, MS may jointly bid for Yahoo!
The two-month old Yahoo! takeover tale has taken a surprising twist. Rupert Murdoch's News Corp has reportedly joined forces with Microsoft to launch a joint bid for Yahoo!.
The two-month old Yahoo! takeover tale has taken a surprising twist. Rupert Murdoch's News Corp has reportedly joined forces with Microsoft to launch a joint bid for Yahoo!. The company has been staunchly staving off any efforts at a takeover. But if Microsoft sweetens its bid with the backing of News Corp, Yahoo! and its shareholders might have a tough time saying no.
