News Corp Ready to Trade MySpace for Stake in Yahoo ; In Brief
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NEWS Corporation has discussed swapping its MySpace internet social network site for a 25% stake in an enlarged Yahoo. Rupert Murdoch, chairman of News Corp, is reportedly ready to give up control of MySpace in return for a significant stake in a much larger internet business.
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Dow Jones & Co.'s board and Rupert Murdoch's News Corp. have completed talks on a $5 billion buyout of Dow Jones and are expected to announce a deal next week, London's The Business weekly magazine reported on Friday.
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Microsoft Corp  will authorize  a proxy battle for Yahoo Inc  this week to convince the  Web company's shareholders to agree on a takeover deal that the  Yahoo board so far has rejected, the New York Times' DealBook  blog said on Tuesday.
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Dow Jones & Co. Inc.  and  Rupert Murdoch&#39;s News Corp. (NWSa.N) are close to a pact that  would protect the journalistic independence of The Wall Street  Journal if News Corp. acquired the media company, according to  newspaper reports on Sunday.
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Global media giant News Corp. has proposed swapping social networking site MySpace with Internet giant Yahoo in return for a 25-percent stake in the enlarged group, a newspaper reported on Wednesday.
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SYDNEY: News Corp Ltd said it plans to hold a shareholder vote on its proposed reincorporation to the US at its annual general meeting in Adelaide on Oct 26, after obtaining approval from Australia&#39;s Federal Court earlier yesterday.
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MySpace, the social networking  Web site, could be worth around $15 billion within three years,  measured in terms of the value created for shareholders of  parent company News Corp., a Wall Street media analyst forecast  on Wednesday.
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An announcement could come as early as today that Rupert Murdoch's News Corp. and the Dow Jones board of directors have agreed on editorial protections for the Wall Street Journal, allowing the two sides to start discussing Murdoch's bid for the company and its high-profile newspaper.
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Yahoo Inc is in talks on  a possible deal with News Corp, but analysts said an  alternative was unlikely to emerge to rival Microsoft Corp's  bid for Yahoo, now valued at $42.1 billion.
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Rupert Murdoch's News Corporation is negotiating to rescue the embattled internet company Yahoo
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News Corp.  , the media company built by Rupert Murdoch, will join the Standard & Poor's 500 stock index after the close of trading on Dec. 17, S&P said on Tuesday.
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Rupert Murdoch&#39;s News Corp. (NWSa.N)  and Dow Jones & Co. Inc.  have &quot;basically agreed&quot; on  safeguards to the editorial independence of Dow Jones&#39; news  operations, a source familiar with the matter said on Tuesday,  setting the stage for Dow Jones to accept a $5 billion buyout  offer.
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Microsoft Corp will authorize a  proxy battle for Yahoo Inc this week to convince the Web  company's shareholders to agree on a takeover deal that the  Yahoo board so far has rejected, the New York Times' Dealbook  blog said on Tuesday.
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Rupert Murdoch's News Corp. recently discussed swapping its MySpace social-networking site in exchange for a large stake in Yahoo, according to published reports.
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News Corp. (NWS) may soon allow members of its MySpace Web site to embed Fox TV shows and other Fox video on their home pages, marking a huge step toward generating greater revenue from the world's largest social networking site.
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NEW YORK/SAN FRANCISCO  - Yahoo Inc  is  reportedly in talks with News Corp  to combine their  Web properties, but Wall Street analysts rained scorn on the  likelihood of a deal that can fend off Microsoft Corp's   $42.1 billion bid for Yahoo.
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Tabloidtakeovertastic... Rupert Murdoch's News Corporation is considering swapping MySpace for a stake in Yahoo!â¦