Yahoo to initiate merger talks with AOL?

Posted on Monday, Feb 11 2008 @ 15:58 CET by Thomas De Maesschalck
Yahoo seeks to restart merger talks with AOL to protect itself against a hostile takeover by Microsoft, CNN reports.
It is understood that Yahoo and its team of advisers have spent the past week evaluating possible tie-ups with media and technology companies that would save it from being swallowed by Microsoft.

The Times said one option being explored is to restart merger talks with AOL. Tie-ups with groups such as Google Inc or Walt Disney Co are also being considered.

Yahoo and AOL previously failed to join forces because of differences over price.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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