Murdoch: No Microsoft-Yahoo Deal...Because They Hate Each Other
The bottom line (from AP):
- News Corp is "very unlikely" to do anything with Yahoo or Microsoft...so scratch the MySpace-Yahoo merger option. Assuming this is true, we're thrilled. We've always hated that plan. (Murdoch expert Peter Kafka cautions that Murdoch loves to say one thing and do another, so take this with a grain of salt.)
- A "very upset" Yahoo shareholder Gordy Crawford wants $33 for his stock and would take it "in a flash." Gordy and everyone else. But we won't get it.
- There won't be a Microsoft-Yahoo deal because the two companies hate each other. "There won't be a deal. There are bad personal feelings. In six months, Microsoft will walk away."
See Also: Yahoo Shareholders Will Now Take $33. But They Won't Get It
The bad personal feelings could be a ploy on msft's part but the fact that Murdoch says that's the reason there's no deal suggests that he feels a deal would go with different players.
I sense you think that the emnity between the two isn't an impediment to a deal.