Wednesday, October 8, 2008
What the Combined Yahoo-AOL Might Look Like, as Talks Drag On–Oops–Heat Up!
As has been copiously reported here and all over, Yahoo and AOL have been engaged in never-ending talks about a possible deal to merge their flagging Internet businesses.
Now, sources tell me, the circle of executives at both companies interfacing with each other has been widened, for purposes of due diligence.
That includes Yahoo CEO Jerry Yang, who is in New York this week–where AOL parent, Time Warner, is located–to meet once again with its CEO, Jeff Bewkes, to see if they can actually complete the merger.
Now, all this frantic activity does not mean a deal will necessarily be struck.
But it is just this kind of ramped-up blabbery that has many at both companies predicting that a deal will go through, sooner or later, as soon as Time Warner and Yahoo can agree on a price.
