Reuters: Yahoo, AOL in 'Due Diligence' Mode
Reuters is reporting that the time may finally be at hand for Yahoo to, well, *do* something. The report said that Yahoo and Time Warner ‘s AOL unit are currently examining the books together to “figure out how much money they could make together and where costs can be saved,” a person familiar with the talks said on Wednesday, which signifies a merger may be just around the corner.
“Talks are focused on how to integrate AOL’s content and advertising business into Yahoo, said the source, who was not authorized to speak publicly because the discussions are confidential.”
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