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Yahoo and AOL suddenly close to merging?
>> From engadget.com:
[QUOTE]
Yahoo's done its best to fend off Microsoft's aggressive advances until now, but it suddenly looks like the struggling company might be getting some help -- both the Wall Street Journal and Reuters are reporting that the Yahoo is "closing in" on a deal to merge with Time Warner's AOL division and partner up with Google on search advertising.
The idea is for Time Warner to sell AOL to Yahoo and make a large investment in the new company, which would probably be valued at around $10B.
[/QUOTE]
Full Story: engadget.com | wsj.com | reuters.com
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