SEATTLE (AP) - Microsoft Corp. says it is talking to Yahoo Inc. about a transaction that won't involve a full buyout.
Redmond, Wash.-based Microsoft has walked away from a $47.5 billion offer to buy the Web pioneer. Since then, billionaire investor Carl Icahn has launched an effort to oust Yahoo's board.
In a statement Sunday, Microsoft says it is considering a different kind of deal with Yahoo.
'Microsoft is not proposing to make a new bid to acquire all of Yahoo at this time, but reserves the right to reconsider that alternative,' the statement said.
Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.