In the background throughout Microsoft’s (NSDQ: MSFT) neverending Yahoo courtship has been the News Corp (NYSE: NWS) factor. Yahoo ran to Google (NSDQ: GOOG) to avoid an MS tie-up first time ’round; could it also seek solace in Rupert Murdoch’s arms? It’s “very unlikely”, Rupe said (via Reuters) at Allen & Co’s Sun Valley shindig. So maybe Ballmer will triumph after all? Nope: “There won’t be a deal. There’s bad personal feelings. In six months, (Microsoft) will walk away.” He should know; along the way, News Corp has held talks on both options – tying Yahoo to its MySpace, and helping Microsoft buy Yahoo (NSDQ: YHOO). The CEOs aren’t the only ones with animosity; Murdoch said of Gordon Crawford, SVP of Capital Research which holds 11.4 percent of YHOO and six of MSFT: “He’s pissed he didn’t get $33. He would have taken it in a flash.” It may be an idyllic hillside retreat, but Jerry Yang (via Reuters) says he’s unlikely to kick back with Microsoft representatives in Sun Valley.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_2dffc7dc44600742a24adbeb14b2b237","wijax_b7a89aabc54113c3091eb80f0780bc14"]
{"source":"https:\/\/gigaom.com\/2008\/07\/11\/419-murdoch-on-yahoo-microsoft-will-walk-away-deal-with-us-unlikely\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_e9ccc2a5014fb77c04af8dbb39ddefc7","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2008\/07\/11\/419-murdoch-on-yahoo-microsoft-will-walk-away-deal-with-us-unlikely\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_e9ccc2a5014fb77c04af8dbb39ddefc7","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post