A 56 page JP Morgan report and analysis on potential merger scenario puts a Yahoo + Ebay Merger as a higher likelihood over something like a Yahoo + Microsoft or Microsoft + Ebay Merger. The report leaves Google as the outsider continuing to go it alone leaving Yahoo!, Microsoft & Ebay to consider how to partner/merger together to fend off market share advances from Google.

Note. The author of this quick excerpt owns shares of Microsoft and Yahoo!.

New Zealand’s source for technology news on Stuff.co.nz: Big internet deal being rumoured