Posted AT 6:08 PM EST on 13/02/08
Yahoo in talks with News Corp.
SAN FRANCISCO — Yahoo Inc. is discussing a possible Internet partnership with media conglomerate News Corp., its latest effort to repel Microsoft Corp.'s takeover bid or pry a better offer from the unsolicited suitor, a person familiar with the situation said Wednesday.
The specifics of the proposed joint venture haven't been worked out, according to the person, who didn't want to be identified because the talks are considered confidential.
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