Looks like the ultimate poison pill...
The possible partnership with Google would be part of an a bid by Yahoo to forge a three-way deal where Yahoo would merge with Time Warner Inc AOL in return for Time Warner taking a stake in Yahoo, sources had told Reuters last week.
... but probably not (from later in the article):
The Journal also reported a tie-up with Google would not necessarily derail an eventual deal to merge with Microsoft. Yahoo could simply pull out of the Google deal if Microsoft bought it, sources told the paper.
Yahoo closer to Google ad outsourcing deal: report | Technology | Reuters
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