Yahoo! out of the running to buy stake in AOL
A Reuters newswire article, via MSNBC, reports that:
Internet media company Yahoo Inc. has backed out of the running to buy a stake in Time Warner Inc.’s America Online (AOL) Internet unit.
[Yahoo!] denied that the company had made an offer for AOL but confirmed that Yahoo Chief Executive Terry Semel met with Time Warner chairman Richard Parsons in October.
posted by Fergie @ 11/10/2005 09:11:00 AM
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