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News Corp: Yahoo ‘Talks’ Overstated; No Discussions With Microsoft or AOL Ongoing

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Asked during a press call today about cooling talks with Yahoo (NSDQ: YHOO), News Corp (NYSE: NWS) COO Peter Chernin replied quickly: “Saying talks have cooled overstates them ... I’m not sure I would ever characterize (conversations) as ‘talks.’ As for Microsoft, “we’re not in discussions with Microsoft (NSDQ: MSFT). We talk with everybody in the space.” When it came up again, Chernin said,  “I have not had a conversation with Yahoo or AOL (NYSE: TWX) in a couple of weeks.” Rupert Murdoch dittoed that.

SEE ALSO: Yahoo Board To Meet Friday; Solo Microsoft Still Seen As Odds-On Favorite

Of course, that doesn’t preclude “conversations” at other levels.

May 7, 2008 4:37 PM ET

Posted In: Companies, AOL, Microsoft, News Corp., Fox, Fox Interactive Media, Time Warner, Yahoo, peter chernin

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