Murdoch on Microsoft-Yahoo: "There won't be a deal"
Yahoo CEO Jerry Yang, who says shareholders shouldn't give corporate raider Carl Icahn control of the company because he has no plan other than to sell to Microsoft, got a boost from an unexpected supporter: News Corp. chairman Rupert Murdoch. Murdoch told reporters at Allen & Co.'s Sun Valley retreat that "in six months, (Microsoft) will walk away." The crusty mogul added: "There won't be a deal. There's bad personal feelings."
Yang himself touched on those personal feelings when he told the Wall Street Journal: "I think that the destabilizing by Microsoft has become more and more intentional. I am not happy about it."
Somebody clue Yang in. Everyone who isn't a Yahoo shareholder is happy to "intentionally" hurt Yahoo for their own personal gain, if that's what it takes. Everyone including Murdoch — who is probably hoping his comments might help keep Yahoo shares low enough for Yang to reconsider his pricey offer to tuck MySpace into Yahoo(Photo by AP/Pizac)