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November 30, 2008 6:01 PM
Posted by Benjamin J. Romano
More sources are raising doubts about a Sunday Times of London report on a complex deal being negotiated between Microsoft, Yahoo and other investors. Kara Swisher is quoting Ross Levinsohn saying the report is "total fiction" -- which is essentially what he told VentureBeat yesterday.
Levinsohn and Jonathan Miller were named as possible leaders of a new management team at Yahoo by The Sunday Times.
Swisher points out that the deal described in the Sunday Times has similarities to one that was on the table earlier this year: "It involved a very complex transaction involving Microsoft buying a large stake in Yahoo shares, running Yahoo's search business for a time period and giving Yahoo a huge guaranteed revenue stream," Swisher wrote.
CNBC's Jim Goldman is also quoting sources inside Yahoo and Microsoft who say no deal is imminent and his Microsoft source tells him "none of the facts of the story, which broke Saturday evening, are true."
I'm not detecting any clarification, amplification, retraction or other movement on the story from The Sunday Times. The story is listed as the most read on its Web site currently.