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Trampa501

Yahoo And Aol To Merge

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I almost got that prediction right!

Yahoo and Aol?

AOL and Yahoo, fallen giants of the first age of the internet, are reportedly discussing a merger. The news comes after Yahoo axed chief executive Carol Bartz earlier this week.

AOL's chief executive Tim Armstrong has approached Yahoo's advisers to gauge its interest in combining the companies, Bloomberg reported. Armstrong has reportedly approached investment bankers from Allen & Co. who are working with Yahoo.

Yahoo announced this week that it was conducting "a comprehensive strategic review" after the decision to fire Bartz. She had been brought in to turn the company around but, while she cut costs by firing staff, she failed to grow Yahoo's huge but dwindling business.

Armstrong reportedly teamed up with several private equity firms to make an approach to Yahoo last year but was rebuffed by Bartz. Yahoo was courted by Microsoft in 2008 but rejected a $47.5bn (£30bn) offer. The firm was worth $80bn in its heyday and is now worth just over $17bn.

They're both doomed, aren't they?

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I almost got that prediction right!

Yahoo and Aol?

They're both doomed, aren't they?

Yes! :huh:

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Yahoo still has about 15-16% share is US search engine traffic and is fourth behind Google. Youtube and Facebook in website popularity so will survive in some shape or other.

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  • 343 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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