Thursday, April 10, 2008

News Corp., AOL Pursue Yahoo Deals - WSJ.com

Yeah, that'd help... Google, that is, by almost certainly sinking Yahoo! faster.

Under the terms being discussed between Yahoo and Time Warner, the latter would fold its AOL unit into Yahoo and make a cash investment in return for about 20% of the combined entity, people familiar with the situation said. The deal, which wouldn't include AOL's dial-up access business, would value AOL at about $10 billion. As part of the deal, Yahoo would use the Time Warner cash and additional funds to buy back several billion dollars worth of its own stock at a price somewhere in the middle of the range between $30 and $40 a share, the people said.

News Corp., AOL Pursue Yahoo Deals - WSJ.com

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