Wow, another scoooop! after Microsoft-Yaho! & Yahoo!-Google! The Times of London reports that amongst the options Yahoo is considering in the wake of rejecting Microsoft’s $44.6 billion takeover offer is a merger with AOL. According to the report, Yahoo is unwilling to accept a Microsoft offer under $40 per share – approximately a $12 billion premium to the original offer Microsoft made to acquire Yahoo.
While there are a lot of obvious synergies with AOL such as email, instant messaging, and display advertising, it would seem nearly impossible for Yahoo to convince shareholders that an AOL merger is a better option than Microsoft’s $31 per share cash and stock deal.
Yahoo!, AOL, Deal, Acquisition, Merger, Corporate News