Yahoo turning to AOL to fend off Microsoft

February 11th, 2008 | by Tony Steidler-Dennison |

(Via MacNN.)

Yahoo is once again considering a merger with AOL in order to protect itself against a hostile bid from Microsoft, writes British newspaper The Times. Having formally rejected a bid worth nearly $45 billion, Yahoo is said to be in talks with advisers from Goldman Sachs and Lehman Brothers, who have been helping the company search for a partnership…

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