SUN VALLEY, IDAHO - News Corp's Rupert Murdoch said it was "very unlikely" his company would be involved in any Yahoo Inc. transaction and said Yahoo and Microsoft would not end up with any deal.

Asked whether he thought Yahoo would end up in Microsoft Corp's hands, he said, "There won't be a deal. There's bad personal feelings."

Microsoft offered to buy Yahoo earlier this year for $47.5 billion, but withdrew its offer in May after feeling frustrated over discussions.

"In six months, (Microsoft) will walk away," Murdoch said at the annual Allen & Co media and technology moguls confab. --REUTERS