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Jonathon Miller Not Interested in Yahoo December 4th, 2008

In an update to yesterday’s story, former AOL head Jonathon Miller has stated he is NOT interested in buying out Yahoo - rather, the capital stake he is putting together is for his own venture capital firm, Velocity Interactive Group. It will be a firm focused on digital media.

This just goes to show that any rumor regarding Yahoo is viable at this point - over the weekend yet another rumour surfaced of a possible Microsoft buy, which was quickly squashed.

Icahn continues to buy up stock, however… stay tuned.

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