Some major media outlets report that AOL and Yahoo are currently conducting preliminary merger talks. According to Bloomberg, AOL CEO Tim Armstrong is now discussing such a scheme with members of the board of directors of Yahoo. Earlier this week, Yahoo lost its head Carol Bartz, unexpectedly (for herself and the media) dismissed from her post.
According to CNBC, the negotiations are Armstrong's initiative, and Yahoo has no interest in such a deal. In principle, this is not the first time that Yahoo and AOL have appeared on the news in the same bundle. Back in 2008, Yahoo considered a partnership with AOL as a possible way out of a difficult situation in which the company found itself after unsuccessful negotiations with Microsoft. Last year, rumors of a possible merger between AOL and Yahoo were also actively circulating on the Web. True, the rumors then ended with rumors.
In general, a merger can be beneficial for both Yahoo and AOL. And that, and another company now - not the best of times. As for Yahoo, the value of the company is already half the price that Microsoft offered in 2008. AOL has similar problems - the stock price is falling every month. Failures of AOL began after this company ceased to be part of Time Warner.
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The state of both companies is far from ideal, and it may well be that the merger of AOL and Yahoo could be the starting point for the revival.
Via
mashable