Yahoo's stock price has come full circle in the five months since Microsoft lodged a $31 per share bid for the company. Now, it seems, so have the talks. One day after
The Wall Street Journal
revealed that Microsoft was exploring the possibility of another move for Yahoo, the paper now claims that Yahoo is once again entertaining other potential suitors, including Time Warner's AOL. The
two companies are once again discussing folding AOL into Yahoo in exchange for giving Time Warner a minority stake in the combined venture.
Not far from those talks are renewed
discussions between Yahoo and News Corp., although the Journal claims that this time, the contact is more about monitoring the situation than any serious negotiations over a possible deal.
If nothing else, the moves show that Yahoo's recently announced search partnership with Google hasn't alleviated any of the pressure to boost the company's stock price. Yahoo has yet to convince
shareholders that it can thrive on its own. Meanwhile, the company is less than a month away from a shareholder meeting during which Carl Icahn seeks to replace the company's board of directors.
Read the whole story at The Wall Street Journal »