GNG News Guy
03-05-2008, 06:26 PM
http://i.dslr.net/urls/32/68032.gif (http://www.dslreports.com/shownews/Yahoo-Talking-With-Time-Warner-92390)
The Wall Street Journal (http://online.wsj.com/article/SB120468830515212763.html) reports that Yahoo is in talks with Time Warner over a possible acquisition deal that would keep Yahoo out of the hands of Microsoft. Citing "people familiar with the matter," the paper says the talks involve folding the perpetually struggling AOL unit into Yahoo to create a new search (aka advertising) giant, with Time Warner taking a minority stake. The News corp. owned paper also reports that News Corp. remains a possible suitor, but Time Warner is the hottest rumor at the moment:They say that Yahoo and Time Warner had an earlier round of discussions, but talks intensified recently after Yahoo went back to Time Warner to ask for a proposal that it could take to Yahoo directors. Time Warner is putting the finishing touches on that proposal now. The people familiar with the matter say that the companies estimate about $1 billion in cost savings annually.
Should Time Warner grab Yahoo, that could be win for Time Warner Cable, who could then offer Yahoo's services to its broadband customers (assuming the frequently disconnected media giant, which struggled with AOL ownership, could muster that much synergy). While talks continue among multiple partners, the anonymous sources quoted by the Journal still seem to think that a Yahoo purchase by Microsoft as the most likely outcome.
read comment(s) (http://www.dslreports.com/shownews/Yahoo-Talking-With-Time-Warner-92390)
The Wall Street Journal (http://online.wsj.com/article/SB120468830515212763.html) reports that Yahoo is in talks with Time Warner over a possible acquisition deal that would keep Yahoo out of the hands of Microsoft. Citing "people familiar with the matter," the paper says the talks involve folding the perpetually struggling AOL unit into Yahoo to create a new search (aka advertising) giant, with Time Warner taking a minority stake. The News corp. owned paper also reports that News Corp. remains a possible suitor, but Time Warner is the hottest rumor at the moment:They say that Yahoo and Time Warner had an earlier round of discussions, but talks intensified recently after Yahoo went back to Time Warner to ask for a proposal that it could take to Yahoo directors. Time Warner is putting the finishing touches on that proposal now. The people familiar with the matter say that the companies estimate about $1 billion in cost savings annually.
Should Time Warner grab Yahoo, that could be win for Time Warner Cable, who could then offer Yahoo's services to its broadband customers (assuming the frequently disconnected media giant, which struggled with AOL ownership, could muster that much synergy). While talks continue among multiple partners, the anonymous sources quoted by the Journal still seem to think that a Yahoo purchase by Microsoft as the most likely outcome.
read comment(s) (http://www.dslreports.com/shownews/Yahoo-Talking-With-Time-Warner-92390)