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Yahoo Exploring Alliance With News Corp.

The Associated Press
02-13-2008

Yahoo Inc. is discussing a possible partnership with News Corp. in its latest effort to repel Microsoft Corp. or prod its unsolicited suitor into raising its current takeover bid. News Corp. and a private equity firm also would buy significant stakes in Yahoo in a complex deal designed to boost the Sunnyvale-based company’s market value above Microsoft’s initial bid of $44.6 billion.

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