AOL seeks to Merge with Yahoo! according to new Rumor

Posted: Sep 9 2011, 1:42pm CDT | by , in Rumors | Technology News

 

AOL seeks to Merge with Yahoo! according to new Rumor
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CEO Carol Bartz got fired and the future of Yahoo! is unclear. New report says that AOL is talking with advisers to Yahoo! about possible merger.

Will there be an AOLhoo! soon? Yahoo! fired CEO Carol Bartz amidst high media attention and controversy. Nobody knows where Yahoo! is going from here. Bloomberg reports about one possibility. According to people familar with the matter AOL CEO Tim Armstrong is checking with advisers to Yahoo! about a possible merger.

Armstrong was supposedly already interested last year in a merger, but Bartz did not like the idea. Will Yahoo! consider a deal now? It is not that likely. Yahoo! is back in murky waters like back in 2008 when Microsoft wanted to buy the company.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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