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Yahoo Board OKs New Round of AOL Talks

Time Warner anxious to decide on service's future

By Ambreen Ali, Newser User

Posted Sep 24, 2008 1:13 PM CDT

(Newser) – A Yahoo board of directors now stocked with allies of activist investor Carl Icahn cleared the way yesterday for reigniting talks on combining with AOL, the Financial Times reports. Time Warner’s chief is eager to decide AOL’s future “fairly soon,” but is hoping Microsoft will join any deal. Icahn says Yahoo also has “to do something with Microsoft, or Google is going to kill them.”

Carl Icahn might has used his new influence on Yahoo's board of directors to push for new negotiations with Time Warner over AOL. (AP Photo)

Time Warner's chief wants to decide AOL's future this year. (AP Photo/Mark Lennihan)

Carl Icahn told board members at his first meeting that a deal with Microsoft is imperative. (AP Photo/Paul Sakuma, file)

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Yahoo Board OKs New Round of AOL Talks

Time Warner anxious to decide on service's future

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OTHER STORIES ON OUR RADAR

Yahoo • Viacom • Time Warner • AOL • Carl Icahn • merger • Nextel

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

AOL Weighs Breakup, Yahoo Merger

Internet firm could split dial-up, advertising arms

Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

Two Internet-shaking deals stem from Microsoft-Yahoo talks

Ex-AOL Chief Seeks Funds to Buy Yahoo

$30B difficult to raise amid recession

Microsoft Meets With AOL to Explore Possible Deal

Software giant is seeking an alternative to Yahoo

SEC Charges Ex-AOL Execs With Fraud

Alleges they inflated revenue during merger with Time Warner

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