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Yahoo! Reportedly Sizing Up AOL as its Knight in Shining Armor
Google, which owns 5% of AOL, is said to favor a Yahoo! -Time Warner deal
By: Maureen O'Gara
Mar. 6, 2008 02:30 PM
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In its desperate backstroke away from Microsoft’s clutches - and in case Microsoft starts its threatened proxy fight for control of the company - Yahoo! has extended its deadline for board nominations to 10 days after it announces a date for its annual shareholders meeting. Whenever that might be. The original date was March 14, just around the corner. The Wall Street Journal says Yahoo is currently trying to cut a deal with Time Warner, the once burned AOL stable. Reportedly Yahoo! could acquire AOL with Time Warner holding a minority share in the combined company, a deal Google, which owns 5% of AOL, is said to favor. The Journal said Time Warner is working on a proposal that Yahoo! can take to its board. LATEST SEO/SEM STORIES
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