Yahoo and AOL to combine operations?
updated 12:10 am EDT, Wed April 16, 2008
Yahoo and AOL finalizing
Yahoo and AOL are reportedly examining the potential combination of their respective internet operations, which would involve a 20-percent stake of the former company. According to Forbes Techland, the deal would fold AOL into Yahoo, who would then repurchase several billions of its shares at a mid $30 figure. Time Warner will make a large cash investment into Yahoo for this deal to occur.
The move comes after Microsoft was denied by Yahoo's board of directors in what was interpreted as a hostile takeover, since the bid was unprovoked on Yahoo's part. Microsoft originally offered Yahoo $31 per share.
Yahoo is also examining an advertising deal with Google, where the former would run a two week trial of Google's search advertising service.




Senior User
Joined: Jan 2001
MS
Presumably this AOL, Google deal is to help fend off the MS attack?