AOL Hires Financial Advisers To Explore Yahoo Deal

AOL hires financial advisers to explore Yahoo deal. AOL Inc has decided to explore a possible Yahoo as the company hires financial advisers. According to reports, there hasn’t been a proposal made, but there’s a potential deal in the making,

These options include merging Yahoo’s and AOL’s online businesses and spinning off the search engine’s Asian assets to give shareholders back some capital. The financial advisers plan to explore several options. Another idea would have private equity buy a stake in the combined operations and give a dividend to Yahoo shareholders, the paper said.

The company is also looking at alternatives other than a deal with Yahoo.

Last month, a source told Reuters that several private equity firms had approached Internet and media companies including News Corp and AOL to gauge their interest in buying out the search engine company.

A potential deal would be contingent on Yahoo selling its prized Asian assets, including a 40 percent stake in China’s Alibaba Group and 34.5 percent of its Japan stake.

The company wasn’t immediately available for comment on Monday.

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