WALL STREET PROFIT NEWS
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Mon, 04 Feb 2008 06:20:29 GMT Google (GOOG 534.62) backs-off of partnering with Yahoo! (YHOO 29.88) to fed off Microsoft (MSFT 28.96) while new rumors circulate that News Corp. (NWS 19.93) may end up as their new white night. Speculation is that NWS is interested in combining MySpace and other online properties, according to The Wall Street Journal.
The odds are that MSFT will stand pat with their $31 bid until a higher offer is on the table or until YHOO extends an olive branch, indicating they will play ball for a little more…