nsane.forums Posted October 14, 2010 Share Posted October 14, 2010 Reports name AOL and News Corp as potential buyers Shares in Yahoo have risen sharply after widespread reports of a potential acquisition of the company. A report in The Wall Street Journal names media giants like News Corp and AOL as being in the running. Other likely investors include money firms and venture capitalists, according to a wide range of reports. The Wall Street Journal claims to have spoken with people close to making a deal, and said that there was a possibility that investors Silver Lake Partners and Blackstone Group LP could team up with AOL to unite the two online powerhouses. Firming up these suggestions, another source reported that AOL boss Tim Armstrong had privately touted the idea of a purchase, possibly as part of an attempt to claw back business from Google. However, the paper added that the talks are at a very early stage, and that Yahoo had not been involved in discussions. Shares in Yahoo jumped by 14 per cent as the story broke. View: Original Article Link to comment Share on other sites More sharing options...
nsane.forums Posted October 14, 2010 Author Share Posted October 14, 2010 In recent months, Yahoo has become the garage sale of the Internet, where many curious tech company shoppers are looking at taking property from Yahoo, and among these curious shoppers is AOL. However, AOL isn't alone, there are several private-equity firms looking at purchasing all of or some of Yahoo. According to people familiar with the situation, via The Wall Street Journal, AOL is among the top firms interested in buying Yahoo, but why? Both AOL and Yahoo are on a slippery slope, and slowly descending into oblivion. So why would merging two aging companies some how bring it back to life? Advertising. AOL and Yahoo are facing fierce competition from Google and Facebook, who seem to be the dominant giants in advertising, but merging the two companies might actually serve some purpose, bringing two failing advertising companies and making one decent contender. There is also rumours of a reverse merge, where Yahoo has invested interested in AOL, after Yahoo disposes of the Alibaba stake. Talks about the possible take-over of Yahoo are still in the preliminary stages and may never take flight. Talks could take months, even years before a clear-cut decision is made, but this is how Microsoft came to make a search deal with Yahoo last year. View: Original Article Link to comment Share on other sites More sharing options...
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