
Yahoo and Time Warner have held talks on a deal designed to thwart Microsoft's bid for Yahoo, according to a report in The Wall Street Journal.
Under a possible deal, Yahoo would acquire Time Warner's AOL in exchange for the media conglomerate taking a large minority stake in the combined company, according to unidentified sources familiar with the matter. The companies could save $1 billion a year, the sources said. Talks between the companies held earlier heated up when Yahoo reapproached Time Warner about a proposal to take to its board.
ABM - Anyone But Microsoft? Why the resistance Yahoo?
Yahoo obviously really have a thing against Microsoft (like a lot of people). However I think they are being a little foolish. While I don't like the idea of Microsoft & Yahoo together from a business perspective I think Yahoo should accept.
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