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See Also:
Tim Armstrong Wants To Know If Yahoo’s Board Would Like To Hire Him And Buy AOL
Yes, Yahoo And AOL Should Immediately Merge
Classic Dan Loeb: Read His Scathing Letter To The Yahoo Board
Moments ago, Bloomberg reported that AOL CEO Tim Armstrong has asked Yahoo’s advisors (who also happen to be AOL’s advisers) if Yahoo would like to buy AOL and install him as CEO.
Now, CNBC is already reporting that a “source close to Yahoo says no interest in a deal with AOL.”
Our stance:
- Yes, AOL and Yahoo should merge.
- No, Tim should not be the CEO.
Article source: SAI http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/bwdChHLzH7g/that-was-fast-yahoo-says-no-way-tim-2011-9