Murdoch offers satellite stakes to MS, Yahoo!

— 1:03 AM on February 29, 2000

The Financial Times is reporting that there is indeed a stock-swap deal between Rupert Murdoch and Yahoo! in the works, centering around News Corp's new digital satellite company. Also rumored to be in talks with Murdoch: Microsoft. Looks like the AOL-Time Warner deal lit a fire under would-be media monopolists worldwide.

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