Yahoo to Restart AOL Merger Talks: Report

Reuters is reporting that Yahoo is seeking to restart merger talks with AOL as a means of defending itself against an unsolicited bid approach from Microsoft, the Times newspaper said on Monday.

The paper, without citing sources, said Yahoo was also considering tie-ups with groups such as Google and Disney. It said Yahoo and AOL had previously tried to join forces, but were unable to agree on the price of a deal, according to the report.

All four major portals—Yahoo, Google, Microsoft, and AOL—have significant, multi-pronged mobile efforts in place, although AOL’s is weaker than the other three. In some ways, Yahoo is the strongest on mobile—particularly with Yahoo Go.

Yahoo seeks to restart merger talks with AOL: paper [Reuters via Yahoo]