News Corp CEO says it will not bid for Yahoo

Tue Feb 5, 2008 8:42am GMT
 
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LOS ANGELES (Reuters) - News Corp will not bid for Internet search company Yahoo! Inc, News Corp Chief Executive Officer Rupert Murdoch said on Monday.

"We are definitely not going to make a bid for Yahoo ... We are just not interested at this stage," Murdoch told analysts on a conference call.

(Reporting by Gina Keating, editing by Phil Berlowitz)

 

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