News Corp., TW enter Yahoo scuffle - Takeover talks take dramatic turn

The contentious takeover talks between Yahoo and Microsoft have taken a dramatic turn, with News Corp. and Time Warner both re-entering the action.

In one Time Warner scenario under discussion, the conglom's struggling AOL unit would swap cash for 20% of Yahoo.

Meanwhile, News Corp. is talking with Microsoft about joining forces to bid for Yahoo, a deal in which News Corp.'s MySpace would be a sweetener.

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Jdaco63573d ago

This story is from April 2008!?