WSJ’s All Things Digital blog called the rumored Microsoft-Yahoo ad deal as not true. The rumor started when the Sunday Times reported that Microsoft and Yahoo are once again in talks, this time with Microsoft eyeing to buy Yahoo’s search business for $20 billion.
Although the Sunday Times did not mention specific sources the online newspaper however seemed so sure that it even mentioned that the proposal under review involves Microsoft forming a new management team that would take control of Yahoo’s search business. And the news even mentioned ex-AOL Chairman and CEO Jonathan Miller together with Fox Interactive Media President Ross Levinsohn as among those who will compose the proposed new Yahoo management team.
Aside from the AllThingsDigital Blog post, top sources coming from both Yahoo and Microsoft also denied any search deal going on with the two companies.
“We don’t comment on rumours, and all this is is a rumour,” said Yahoo spokesman Brad Williams.
The report followed a related announcement made by Carl Icahn who now occupies a spot in the Yahoo Board, that he is increasing his share of the Yahoo stock by 5.4 per cent. Icahn also expressed his sentiments favoring the sale of Yahoo’s search business.
So, there you have folks, not ongoing talks between Yahoo and Microsoft right now. But none also mentioned whether there will no more of such deals. So, it is safe to say then that there might be some deals in the near future.