Yahoo is holding separate talks with the same business partners courted by Microsoft in its takeover bid of the company, the Wall Street Journal reported Thursday, according to dpa. The talks come amid a flurry of activity ahead of a proxy shareholder vote on August 1 as Yahoo's current board attempts to persuade disgruntled stockholders they are doing everything needed to maximize shareholder value. Billionaire investor Carl Icahn is leading the revolt, charging that management deliberately sabotaged a 47.5 billion dollar takeover bid. Since the unraveling of the sale Yahoo's shares have dropped from about 30 dollars to 20.18 Thursday. According to the report, the talks with Time Warner focus on the possibility of folding AOL into Yahoo and giving Time Warner a minority stake in the company. Talks with News Corp involve a combination between Yahoo and News Corp's MySpace.
