The story issued in today’s edition of Wall Street Journal in regards to yet another Yahoo takeover attempt was incorrect. And unlike the story released by The Times over this weekend, which was almost similarly fabricated (with both publications News Corp.-owned), this one had direct effects on the market.
The story released today has Jonathan Miller, former CEO of AOL, out to pitch private equity fund for raising $28 - $30 billion in an attempt to acquire Yahoo.
Miller, in association with his partner at Velocity Interactive Group, Ross Levinsohn, was also holding the center stage in the weekend story released by The Times.
Sources reveal that while Levinsohn & Miller have been maintaining regular contacts with Microsoft & Yahoo shareholders and executives for months in regards to the future of Yahoo, they haven’t yet made any discussions with private equity funds for raising capital in order to take over the organization.

