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• AOL shopping itself to Yahoo, Microsoft

  Posted Jul 16 2008, 10:06 AM by Kim Peterson
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  Filed under: Microsoft, AOL, Yahoo, Time Warner, Kim Peterson
  Money Blog: Top Stocks Blog - MSN Money

  The back-and-forth competitive drama between Microsoft and Yahoo has opened a perfect opportunity for Time Warner to once again shop its AOL unit. Time Warner is reportedly looking at either merging AOL with Yahoo (with Time Warner getting a minority stake) or selling it outright to Microsoft. Time Warner shares have risen more than 2% today to $14.26 on the news, with Yahoo shares up nearly 4% to $22.38 and Microsoft shares up nearly 3% to $26.90.
  

  Time Warner has wanted to offload AOL for a while, but now Microsoft and Yahoo are scrambling for Plan B's in the aftermath of failed buyout talks. AOL has a growing ad network and an aggressive new strategy, and could be a decent acquisition for either company. The question is, where should it end up?   Read More...

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• Yahoo's week of drama

  Posted Apr 11 2008, 12:09 PM by Kim Peterson
  Rating:
  Filed under: Google, Microsoft, AOL, Yahoo, Kim Peterson
  Money Blog: Top Stocks Blog - MSN Money

  

  My, how things can change in a week. Last Friday, Microsoft was putting the screws to Yahoo, telling Reuters it was "evaluating" its $31-a-share bid for the company because Yahoo has dropped in value. 

  This week, a furious round of wheeling and dealing has given Yahoo the edge. I have to hand it to CEO Jerry Yang. His flirtation with AOL and Google is putting incredible pressure on Microsoft to raise its offer. The market seems to like where all this is headed: Yahoo shares are up slightly from where they started the week and closed today at $28.34.

  The Street seems to think a Microsoft acquisition is still the most likely scenario, and Yahoo shares are up because of a general belief that Yang can extract more money out of the deal. And while things today may appear murkier than ever, this corporate drama seems to be careening (wildly, perhaps) to some sort of closure, possibly in the next week.   Read More...

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