AOL May Join In Bid For Yahoo
The Wall Street Journal has reported that AOL and several venture capital firms are in talks to put in a bid for Yahoo.
Silver Lake Partners and Blackstone Group are rumored to be in on the deal. Currently, AOL's market value is around one tenth of Yahoo's.
Rumors that the two companies were in talks to merge have been circulating the business pages for several days, and still sources say it's Yahoo who is looking to buy AOL; but either company is to make any sort of official statement.
Yahoo personnel haven't yet been involved in these discussions, according to WSJ's sources. Because of the intricacies involved in such acquisitions, Yahoo may never be formally approached with an offer.
Yahoo itself instituted "poison pill" mechanisms back during its apex in 2001 to prevent the threat of a hostile takeover, which became a very real possibility two years ago when Microsoft issued an unsolicited bid to buy the company.
Nevertheless, these new rumors are confusing. Especially in light of the company's recent acquisition spree involving tech blog TechCrunch, app maker Thing Labs and video network 5min.
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