Yahoo in Activist Play?

According to David Faber at CNBC not long ago, Yahoo is being looked at from a number of perspectives, including NWS and others. One rumor has it that NWS would hit YHOO with MySpace, and then have Yahoo drop its search for Google’s.

Giddy, over-the-top stuff, so me-thinks Faber may be hearing very premature speculative musings from an over-eager banker, but still interesting — and unsurprising that people increasingly see Yahoo as easy pickings.

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