Yahoo, Time Warner Talking Merger

Yahoo and media conglomerate Time Warner have stepped up talks to create an alternative to Microsoft’s offer to take over the Web company, the Wall Street Journal reported on Wednesday citing people familiar with the matter. 


The paper reported that the talks center on a deal that would fold Time Warner’s AOL Internet unit into Yahoo, according to the people, who still consider a Yahoo purchase by Microsoft as the most likely outcome.


Last month Microsoft made a $41 billion offer to buy Yahoo, which was rejected as undervaluing the business.


Yahoo and Time Warner were not immediately available for comment.


CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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