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Yahoo Pulls Out of America Online Talks

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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Nov 10, 2005, 10:21 PM   #1
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Yahoo Pulls Out of America Online Talks
NEW YORK Nov 10, 2005 — Yahoo Inc. has pulled out of discussions over buying a stake in America Online Inc., leaving Microsoft Corp. and Google Inc. as the leading potential suitors.

The decision to abandon the talks came after Yahoo chief executive Terry Semel and chief finance officer Susan Decker met in late October with Time Warner executives in New York, said Yahoo spokeswoman Joanna Stevens.

Stevens said Yahoo had "politely passed" on proposed terms and "walked away from any interest in a deal."
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Read More / Source: ABC News
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