Wednesday November 12, 2014

Unhappy Yahoo Investors Urge Merger With AOL

If I am reading this right, some investors are unhappy with Yahoo's higher stock value under Mayer so they want the company to merge with AOL? Seriously?

The two shareholders in question said they have have already met with AOL CEO Tim Armstrong and claim he's receptive to the idea of a merger and its possible benefits, according to Reuters. The shareholders said they came away from the meeting with the impression that combining the two companies could shave as much as $1.5 billion in expenses.

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