News Corp. Mulls Yahoo! Deal

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NEW YORK In the latest twist in the Yahoo! saga, News Corp. is taking a second look at a possible deal with the online giant just days after chairman and CEO Rupert Murdoch said he had no interest in an outright acquisition of Yahoo!.

Sources familiar with the situation said Wednesday that discussions are ongoing.

Industry observers expressed some reservations about such a deal, noting that News Corp. still has to digest the recent acquisition of financial news provider Dow Jones, which Murdoch last week said is his biggest near-term priority.

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