Thursday, November 10, 2005

WSJ.com - Yahoo Quits Race For AOL Stake

WSJ.com - Yahoo Quits Race For AOL Stake "Another person familiar with the matter said Time Warner, which is in talks with Yahoo rivals Google Inc. and Microsoft Corp. over selling a stake in AOL, signaled that it wasn't interested in the terms Yahoo was willing to offer. A Time Warner spokesman declined to comment.
Google and Microsoft are apparently neck and neck in the discussions, the people familiar with the matter said, and Time Warner is expected as early as next week to select one partner with which it will enter exclusive negotiations."

It's going to be pretty entertaining (except for Time Warner and its shareholders) if AOL tries for double-or-nothing ... and loses -- i.e., if all candidate suitors walk away.
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