AfterDawn: Tech news

Rumor: AOL to breakup then merge with Yahoo

Written by Andre Yoskowitz @ 06 Dec 2010 12:04 User comments (7)

Rumor: AOL to breakup then merge with Yahoo According to sources close to the company, it seems as though AOL may be in the process of breaking up the company before merging it with portal giant Yahoo.
The break-up will require a number of complicated transactions and so far the plans are still in the exploratory stage, with Yahoo having not been contacted yet.

AOL will firstly separate its dial-up Internet service and its display advertising business.

"You can drive the pieces into people's hands that could pay top dollar for them and create value, or spin them off," added one of the sources (via Reuters).

For the past couple of years, new AOL CEO Tim Armstrong has invested millions of dollars in purchasing content sites, including TechCrunch and others, turning AOL into a leading portal site.

Tags: Yahoo AOL Merger
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7 user comments

16.12.2010 00:37

And nothing of value was lost.

26.12.2010 01:15

The discs made great coasters.

36.12.2010 04:09

Hmmm...I guess I will just have to think of yahoo the way I think of AOL...oh wait...I already thought of them like that!

46.12.2010 10:10

I wonder if this means a decent version of the official shoutcast app will be made?

56.12.2010 18:08

Originally posted by xyansn:
why i can't post a comment?
You just did.

66.12.2010 23:52

because you are a spammer & spammers get deleted like now.

77.12.2010 12:41

RIP AOL you r a POS!

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