Tim Armstrong Pushing AOL-Yahoo Deal on Shareholders

But will Yahoo bite?

What do you get when you combine two once-hot Internet superpowers? If AOL CEO Tim Armstrong gets his way, we could find out soon enough. Reuters is reporting that Armstrong has been trying to talk AOL shareholders into a sale to Yahoo, claiming that it would save the company more than a billion dollars and boost ad sales.

According to a major investor who attended the meetings, Armstrong is trying to sell shareholders on the notion that an AOL-Yahoo merger could create $1 billion to $1.5

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