Filed under: Business, World wide web, News, Yahoo!, AOL
Yahoo! seems to have come up with the ultimate response to Microsoft’s heavy-handed attempts to purchase the internet portal. The Wall Street Journal reports that Yahoo! is in speaks with Download Squad’s parent company AOL over plans to merge the two companies’ world wide web operations.
If the deal goes through, the two companies would combine their web and internet based services. AOL’s old school ISP services wouldn’t be part of the deal, which would value AOL at $10 billion. Yahoo! would reportedly use some of the revenue from a merger with Time Warner/AOL to purchase back a whole bunch of stock which woudl help the company fend off any further unwanted advances from Microsoft.
The upshot of a possible partnership or merger is that people will stop picking on AOL for duplicating Yahoo!’s homepage design. The downside is that a merged company could conceivably be called AOwho? OK, probably not. We for one welcome our new Yahoo! overlords anyway.
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