Yahoo Enters Merger Talks With Time-Warner

Yahoo Enters Merger Talks With Time-Warner

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Yahoo! spent the July 4 weekend in discussions with its lead adviser, Goldman Sachs, and potential bid partners including Time Warner in a desperate bid to defend itself from shareholders meeting on August 1 to vote on whether to re-elect their board.

The possible merger with Times-Warner’s AOL division could be worth as much as $10 [...]

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