WSJ: AOL Hires Advisers For Possible Tie Options With Yahoo!
The Wall Street Journal is reporting that AOL, Inc. (NYSE:AOL) has hired financial advisers to determine what the possible options are for a tie with Yahoo! Inc. (NASDAQ:YHOO). However sources with Reuters are reporting the contrary and that there are no active discussions between the two companies.
The options between the two companies include merging Yahoo!’s and AOL’s online businesses and spinning off Yahoo!’s Asian assets including their stake in Alibaba. Another possible option is to have private equity companies buy a stake in the two combined companies.
Supposedly several private equity firms had approached News Corp. and AOL to find out what their interests are in buying out Yahoo! Those talks have not made it far.
[Reuters]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry