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Microsoft Corp is preparing a new bid for Yahoo Inc's search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo's breakup, the Wall Street Journal said.

Microsoft Corp is preparing a new bid for Yahoo Inc's search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo's breakup, the Wall Street Journal said.

Microsoft Corp is preparing a new bid for Yahoo Inc's search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo's breakup, the Wall Street Journal said.

Yahoo Inc. shares rose more than 5 percent Wednesday as The Wall Street Journal reported Microsoft Corp. has talked to other media companies about teaming up to buy Yahoo's search business.