AOL may be pitching sale of itself to Yahoo

AOL's CEO Tim Armstrong has been meeting with top Yahoo shareholders in an effort to convince them that a merger between the two companies is in the best interest of shareholders, tipsters claimed Wednesday. The Reuters source said Armstrong believed that if his company were to be sold to Yahoo, up to $1.5 billion in costs could be saved by the combined company. It came despite Yahoo's focus on putting itself up for sale....



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