Rumour mill keeps on turning on potential AOL-Yahoo! merger

Posted by Liam Britten

It looks like a rumoured AOL-Yahoo! merger is becoming more likely than previously thought.

According to The Associated Press, AOL has hired new financial advisors for the specific purpose of evaluating the feasibility of such a move.

From The AP:

The Wall Street Journal reported Monday that AOL's advisers have been presenting various scenarios to the company about possible ways the two could combine operations. It cited unidentified people familiar with the matter.

The report said AOL has not yet reached out to Yahoo Inc. with a formal proposal and the two are not in formal discussions.

So much rumour and innuendo surrounding this case. Who knows if this is going to happen, and, more importantly, whether this theoretical move will do either company a lick of good.

Well, I guess if Charlie Sheen can disappear for a few years and suddenly become relevant again, I guess anything that was big in the late ‘90s can do the same. But hopefully AOL-Yahoo! doesn’t become relevant for the same reasons Charlie Sheen is suddenly relevant again.

Company:
AOL Canada
Website:
http://canada.aol.com/home/index.adp
Location:
Toronto, Ontario, Canada

AOL Canada is a wholly owned subsidiary of America Online, Inc., which is the world's leading interactive services company with more than 28 million members worldwide. AOL Canada provides enhanced Internet experiences to Canadians. Representing a portfolio of pioneering Internet brands including AOL, Netscape and CompuServe, AOL Canada Inc. continues to change and enhance the scope of what people can do online.... more

Company:
Yahoo! Inc
Website:
http://yahoo.com
Location:
Sunnyvale, California, United States

Founded in 1994 by Stanford Ph.D. students David Filo and Jerry Yang, Yahoo! began as a hobby and has evolved into a leading global brand that has changed the way people communicate with each other, conduct transactions and access, share, and create information. Today, led by an executive team that includes CEO and Chief Yahoo Jerry Yang, President Susan Decker, Chief Financial Officer Blake Jorgensen, and... more


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Liam Britten

Liam Britten

Liam Britten is a writer and editor with a journalism background operating out of Vancouver. In addition to his work at Techvibes, he has been published in student publications across Canada, as well as local newspapers such as The MapleRidge-Pitt Meadows TIMES and The Langley Advance. An aficionado for the finer things in life — such as video games and sports — Liam is plugged into the tech... more



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