Reports: Yahoo offering stake to News Corp., others

02/14/2008 | CNBC

Days after its board rejected a $44.6 billion takeover offer from Microsoft, Yahoo is talking about selling a stake to News Corp. The position that could be more than 20% would allow Yahoo to stay independent while giving News Corp. substantial control over a range of Internet properties and advertising opportunities, according to the Wall Street Journal, which is owned by News Corp. Yahoo is also talking with Google Inc. and Time Warner Inc.'s AOL.

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