• by Joe Mandese  @mp_joemandese, August 25, 2011

AOL has retained two big M&A specialists -- investment banker Allen & Co, and law firm Wachtell, Lipton, Rosen & Katz -- reports Adweek magazine.

AOL CEO Tim Armstrong confirmed the Adweek news, adding that there are no deals on the table and that AOL's strategy has not changed.

http://www.adweek.com/news/technology/aol-huddles-top-ma-team-134460