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Reports Yahoo! (YHOO) and AOL (TWX) Set To Announce Merger
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According to reports from Silicon Alley Insider, sources say a merger between Yahoo! (Nasdaq: YHOO) and AOL (NYSE: TWX) is a done deal and an announcement could come by tomorrow.
The report suggests Yahoo may acquire all of AOL, including the access business, and the purchase price might be $8-$10 billion.
Link to Article
Yesterday, rumors resurfaced that Microsoft (Nasdaq: MSFT) could come back to the table with a bid for Yahoo. Well, if this report is true, that may be out of the question.
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