Yahoo, AOL in due diligence on combination: source (Reuters)

post Category: Uncategorized — admin @ 8:50 pm — post Comments (0)
postOctober 30, 2008

A Yahoo! signs sits out front of their headquarters in Sunnyvale, California in this February 1, 2008 file photo. Yahoo and Time Warner Inc's AOL unit are engaged in 'meaningful' due diligence about a possible combination, but a deal is not imminent, a person familiar with the talks said on Wednesday. (Kimberly White/Reuters)Reuters – Yahoo Inc and Time Warner Inc’s AOL unit are looking at each other’s books to figure out how much money they could make together and where costs can be saved, a person familiar with the talks said on Wednesday, indicating a merger may finally be on the way.


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