News Corp (NYSE: NWS). chairman and CEO Rupert Murdoch was emphatic just now when asked by analyst Jessica Reif Cohen about the possibility of bidding for Yahoo: “We are definitely not going to make a bid for Yahoo.” Rumors of News Corp. as a Microsoft (NSDQ: MSFT) rival have been swirling since the offer was announced Friday morning. This should put an end to it … but probably won’t.
Update: Murdoch said last year’s reports of “talks” with Yahoo (NSDQ: YHOO) were exaggerated, that there were “references” in social meetings and that was with “the previous chairman” — i.e. Terry Semel. No comment on the possible impact of a Microsoft-Yahoo combo.
AOL?: Would News Corp. be interested in acquiring AOL? “That’s an even easier question. No.”
{"source":"https:\/\/gigaom.com\/2008\/02\/04\/419-murdoch-definitely-no-yahoo-bid\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_d1c22747ed3756d947d104b6f2e7e9f1","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}