Microsoft-Yahoo
Rupert Murdoch has cast doubt on a Microsoft/Yahoo deal

Murdoch casts doubt on Microsoft/Yahoo

Media mogul says any new deal unlikely

Shaun Nichols in San Francisco

Rupert Murdoch does not believe there is any chance of Yahoo cutting a big deal with Microsoft.

The News Corporation head told reporters at a conference in Idaho that he did not see the two companies reaching a deal, regardless of who is in charge.

Advertisement

"There will not be a deal. There are bad feelings," Murdoch was quoted as saying by Reuters.

News Corp was at one time at the centre of a Yahoo rumour itself. The two companies were reportedly discussing a deal when Yahoo was desperately seeking a partner to thwart Microsoft's takeover bid.

Microsoft finally gave up its pursuit in May after offering as much as $47.5bn for the internet pioneer.

Yahoo was left to defend itself from its own investors and inflate its own value sufficiently to justify turning down the deal.

In six months, Microsoft will walk away

Rupert Murdoch News Corporation

A shareholder revolt, lead by investor Carl Icahn, is now threatening to replace Yahoo's board and chief executive with a group which would seek out a deal.

Microsoft has since said that it would be open to discussing a new deal, should Icahn's takeover bid prove successful.

Murdoch, however, does not see a deal on the cards. "In six months, Microsoft will walk away," he told reporters.

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Do you agree?

Related whitepapers

Related jobs

Most watched

eu flag

V3.co.uk weekly debrief, 6 Nov 09

This week, Europe decides what to do with illegal file sharers

Intel unveils its micro server platform

Small-enclosure systems take aim at hosting market

Analysis and Reports

Remote access - Three steps to getting connected

3.4 million UK professionals now work from home – is your company equipped?

Cost benefits of a global collaboration network

This white paper is a must read for organisations looking for evidence of the bottom-line benefits of high-definition video and voice communications

Poll

Impact of Information Overload poll

Impact of Information Overload poll

What is the biggest problem your firm faces as a result of the data explosion?

View poll results

Advertisement

White paper library

Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Spotlight

V3.co.uk Information Overload Summit starts today

We've finally cut the ribbon on V3.co.uk's inaugural Summit event...

rich media

Summit: Is the ECM industry up to the information overload challenge?

In part one of our report, we talk to EMC...

hacker

Summit: UK 'in danger of being left behind' on security

Experts warn behavioural monitoring is essential to protect sensitive data

Apple Magic Mouse

Review: Apple Magic Mouse

Multi-touch makes an appearance on Apple's latest mouse

Primary Navigation