Make of it what you will. A story in the Sunday Times has Microsoft involved in a “complex transaction” that would see Redmond’s finest acquire Yahoo’s search business, while they’d also support another team taking over Yahoo – but not take it over themselves. And all for the bargain price of $20 billion.
The newspaper reported that Microsoft and Yahoo had agreed the broad terms of the deal, which would evidently see Jonathan Miller, former chairman and chief executive of AOL, and Ross Levinsohn, who used to be president of Fox Interactive Media, heading up the new Yahoo management team.

