Wednesday

Murdoch Eyes MySpace Swap For Yahoo Stake

Excerpt:
"Rupert Murdoch's News Corporation (NWS) is considering swapping its MySpace social networking website for a 25% stake in Yahoo! Inc ( YHOO), according to media reports Wednesday.

Murdoch is believed to be interested in the deal because it would give the media group greater exposure to internet users, said News Corp-owned newspaper The Times of London, citing a source at its parent company."

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