AOL and Yahoo are negotiating a possible merger
Some major media outlets report that AOL and Yahoo are currently in preliminary talks on a possible merger. According to Bloomberg, AOL CEO Tim Armstrong is currently discussing such a scheme with Yahoo board members. Earlier this week, Yahoo lost its leader Carol Bartz, who was unexpectedly (both for herself and the media) fired from her post.
According to CNBC, 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 appear in the news in one “bundle”. Back in 2008, Yahoo considered the partnership with AOL as a possible way out of the difficult situation in which the company found itself after unsuccessful negotiations with Microsoft. Last year, rumors of a possible merger between AOL and Yahoo also circulated actively on the Web. True, the rumors then ended with rumors.
In general, a business combination can be beneficial for both Yahoo and AOL. And that, and the other company now is not the best of times. As for Yahoo, the company's value is already half that price that Microsoft offered in 2008. AOL has similar problems - the value of stocks decreases every month. AOL's failures began after the company ceased to be part of Time Warner.
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 a revival.
Via Mashable
According to CNBC, 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 appear in the news in one “bundle”. Back in 2008, Yahoo considered the partnership with AOL as a possible way out of the difficult situation in which the company found itself after unsuccessful negotiations with Microsoft. Last year, rumors of a possible merger between AOL and Yahoo also circulated actively on the Web. True, the rumors then ended with rumors.
In general, a business combination can be beneficial for both Yahoo and AOL. And that, and the other company now is not the best of times. As for Yahoo, the company's value is already half that price that Microsoft offered in 2008. AOL has similar problems - the value of stocks decreases every month. AOL's failures began after the company ceased to be part of Time Warner.
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 a revival.
Via Mashable