Microsoft still Favorite in Battle for Yahoo
Yahoo Inc.'s directors meet Friday to discuss alternatives to a Microsoft Corp. takeover, with many insiders still seeing a Microsoft deal -- without the participation of News Corp. -- as the most likely outcome.
Behind the battle over Yahoo is a scramble by Internet and media giants to capture the flood of advertising dollars expected to move online and block Google Inc. from extending its Web-search-ad domination.
Aside from Microsoft's solo bid, Yahoo's directors will likely discuss a plan under which Time Warner Inc. would fold its AOL unit into Yahoo in exchange for a roughly 20% stake in Yahoo.
Another potential scenario for Yahoo is a joint deal with Microsoft and Rupert Murdoch's News Corp., owner of The Wall Street Journal, to combine News Corp's MySpace, Microsoft's MSN and Yahoo into a separate company, people familiar with the matter said.Read the full article at http://www.moneyweb.co.za/mw/view/mw/en/page38?oid=202650&sn=Detail