Quickie - Rupert's Bold Not-Move - Confirmed

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As we posted here forever ago, Rupert Murdoch has officially decided not to make a bid for Yahoo!.

 

Here's a snippet from Reuters

 

NEW YORK (Reuters) - Rupert Murdoch said on Monday his News Corp would not get into a fight with Microsoft Corp over Yahoo Inc, confirming what most industry and Wall Street observers suspected.





 

 

 

 

Not much has changed - News Corp and FOX still have a really good online strategy and staying away from a bidding war over Yahoo! still seems like the right move.  I mean not-move.

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