AOL Will Not Bid for Yahoo

The merger of AOL with Yahoo is not on the agenda. Tim Armstrong, CEO of AOL, told ” Reuters “that his company was not currently interested in an agreement with investment funds. He was referring to Yahoo’s proposed acquisitions by AOL, aided by funds from capital investment. The old idea of a merger between two companies had resurfaced in the fall of last year.Several funds, including Silver Lake and Blackstone had contacted AOL to offer to participate in the acquisition of Yahoo, then wrote the Wall Street Journal. Such an operation involved the sale of Yahoo’s Asian operations.

This acquisition is not in the plans of Tim Armstrong, who says he wants to keep independent AOL. The CEO has, however, further development of its society, including new acquisitions after those news sites “The Huffington Post and TechCrunch. In addition, AOL has no intention to divest its Internet access history, which still generates 40% of its turnover.

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