AOL Inc, undergoing a radical transformation into the king of content on the Internet, is actively exploring a breakup of the company involving a complicated series of transactions that may lead to a merger with Yahoo Inc, sources close to the plans said.
The plans are still in the exploratory stage and Yahoo has not been contacted, the sources said. The plans are also fraught with complications involving myriad moving pieces but would entail breaking apart AOL's two main business: its legacy dial-up Internet service and display advertising business.
In many respects, the latest discussions are derivative of plans contemplated back in 2008 and 2009 before Time Warner spun off AOL to Time Warner shareholders. AOL has continued to explore a break up option since the December 2009 spin off.
For more Authorised information: Times of India
The plans are still in the exploratory stage and Yahoo has not been contacted, the sources said. The plans are also fraught with complications involving myriad moving pieces but would entail breaking apart AOL's two main business: its legacy dial-up Internet service and display advertising business.
In many respects, the latest discussions are derivative of plans contemplated back in 2008 and 2009 before Time Warner spun off AOL to Time Warner shareholders. AOL has continued to explore a break up option since the December 2009 spin off.
For more Authorised information: Times of India
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