A riddle, wrapped in a mystery, inside an enigma: according to the Wall Street Journal and Reuters, based on the Journal's report yesterday, financial advisers have been hired by AOL to "explore various strategic options for the company, one of which includes a possible tie-up" with Yahoo. This is just the latest installment of the long-running speculation about a Yahoo-AOL merger, which started when Microsoft was trying to take over Yahoo.
AOL is trying reinvent itself under former Googler Tim Armstrong. The company, however, saw a steep ad revenue decline in Q3, though earnings were pos [...]
Related Topics: AOL: General | Channel: Industry | Yahoo: Business Issues | Yahoo: Employees