Friday September 09, 2011

AOL Discussing Merger With Yahoo

AOL and Yahoo merging? This doesn't sound like a good idea at all. Honestly, can anyone name one time when two losers joined forces and suddenly became a winner?

Armstrong had been interested in a merger with Yahoo last year and was rebuffed while Bartz was at the helm, one person said. Her departure prompted him to reconsider the option, and, under one scenario now being considered, Yahoo would acquire AOL and Armstrong would become CEO of the combined company, the person said.