AOL Time Warner and News Corporation Also Want To Bid For Yahoo

According to the Wall Street Journal, News Corporation ( that includes My Space )in partnership with Microsoft are trying to broker a deal with Yahoo. For now talks about a possible merger are only in their beginning stages, but you can imagine the cash possibilities if these tree giants unite.

At the same time AOL is also talking to Yahoo for a possible deal. "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."

Via: Wall Street Journal
http://online.wsj.com/article/SB120776803032602423.html

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