Murdoch's News Corp. unlikely to be in Yahoo deal

Rupert Murdoch, chairman and CEO of New Corporation arrives with his wife, Wendi, for the annual Allen & Co.'s media conference Wednesday, July 9, 2008, in Sun Valley, Idaho. (AP Photo/Douglas C. Pizac)

(AP) -- News Corp. Chairman Rupert Murdoch said his media conglomerate is "very unlikely" to be a part of any deal for Yahoo Inc., scuttling talk that Microsoft Corp. was making headway in enlisting the media mogul as part of a deal to break up the Internet search company.

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