Yahoo! (YHOO) Higher on Reports Microsoft (MSFT) Is Talking With Partners For Another Run
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Yahoo! Inc. (Nasdaq: YHOO) is trading higher this AM on reports from the Wall Street Journal that Microsoft (Nasdaq: MSFT) is looking for a partner for a new run at Yahoo's search business.
The Journal said Microsoft held talks with Time Warner (NYSE: TWX) and News Corp (NYSE: NWS), among others. The talks are considered preliminary and not likely to result in a deal.
Yahoo is up 6% this AM.
The Journal said Microsoft held talks with Time Warner (NYSE: TWX) and News Corp (NYSE: NWS), among others. The talks are considered preliminary and not likely to result in a deal.
Yahoo is up 6% this AM.
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