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Microsoft to Buy Stake in AOL 333

Posted by CmdrTaco
from the they-must-need-blank-cds dept.
NetDanzr writes "According to various sources (Bloomberg, Reuters, CNet), Microsoft is in talks with Time Warner to buy a stake in AOL. While the size of the stake or its prize has not been disclosed yet, Bloomberg speculates that this deal would profit both companies. Microsoft would profit from merging the AOL portal with MSN, as a strategy to catch up with his rivals in this space Yahoo and Google, while Time Warner would gain some ammunition in its fight with a renegade shareholder, Carl Icahn. According to CNBC, AOL is just about to turn the corner and is currently the most undervalued division of Time Warner."
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Microsoft to Buy Stake in AOL

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