Yahoo and the US-based media company Time Warner accelerated the negotiations that may lead to a merger between Yahoo and the AOL division of Timer Warner, Wall Street Journal informs, adding that Time Warner prepares to make an offer. For Yahoo, the move represents an alternative to the offer tabled by Microsoft, evaluating Yahoo at 44.6 billion dollars, a price considered too small by the Internet company.
The current possible scenario refers to including Yahoo in the AOL division, with Time Warner holding shares in the new entity, sources close to the negotiations say.
Wall Street Journal estimated that a merger could help the companies save almost one billion dollars.
Yahoo also negotiates with News Corp, a company which may buy a participation in the company. In case of an agreement, Yahoo will integrate first the MySpace social network, part of News Corp.
