Yahoo Serious About AOL

Yahoo’s actually giving serious thought to the AOL takeover, it appears. The New York Times reports that in an effort to delay Microsoft’s move toward a proxy contest to accelerate the takeover, Yahoo is considering several options, including a plan to postpone its annual meeting, unnamed sources said on Tuesday:

“The delay could leave room for Microsoft to reach a negotiated, friendly deal with Yahoo, which would be made much more difficult if Microsoft decided it needed to pursue the proxy contest.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in