Murdoch on Microhoo: 'I'm mystified'

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Rupert Murdoch, who is no stranger to the Microsoft-Yahoo affair, said even he is shaking his head at the lack of a deal.

"I'm mystified," Murdoch said. "I cannot understand the whole thing. Jerry Yang is a friend who we all love and admire and he's emotional about it."

Murdoch said that Microsoft offered a price that the vast majority of shareholders wanted but that he managed, at least for now, to fend them off. At the same, time, he said he's surprised Microsoft didn't press the point, something he said comes from their lack of megadeal experience.

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