Wednesday, September 24, 2008
Yahoo and AOL: Like Two Louts Merging to Make One Cretin
Looks like Carl Icahn did show up to his first Yahoo board meeting, though it appears he wasn’t able to get much done. The new board, which also includes former Viacom CEO Frank Biondi and former CEO of Nextel Partners, John Chapple, reportedly met Tuesday and decided as a first course of business to talk to Time Warner about the future of its AOL division.




Apparently, Yahoo’s merger discussions with AOL can be reheated two, sometimes even three times–just like leftover pizza. According to Britain’s Times newspaper, Yahoo and Time Warner spent the past weekend discussing a deal to combine the Internet operations of the declining Web giant with Time Warner’s AOL.