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Yahoo (YHOO) Pursues Talks With New Partners
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This morning The Wall Street Journal reported that Yahoo (Nasdaq: YHOO) is in discussions with Time Warner (NYSE: TWX) discussing a possible combination. The two companies are talking about a structure they began discussing months ago -- an arrangement whereby Time Warner would fold AOL into Yahoo and take a minority stake in the combined venture.
News Corp. (NYSE: NWS) is also paying attention to Yahoo's moves. Microsoft is may craft another Yahoo deal, partly in response to Yahoo's talks with other possible partners, the WSJ says. Microsoft (Nasdaq: MSFT) has spoken to News Corp. about possibly joining forces on some form of a Yahoo deal.
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