AOL, along with a handful of private equity firms, is planning to buy Yahoo!, according to the Wall Street Journal. The article states that: “Silver Lake Partners and Blackstone Group LP are among the firms that have expressed interest in teaming up with AOL to buy Yahoo! or trying to take it private on their own. They added that at least two or three other firms could be interested in participating if a formal buyout proposal is drawn up.”
AOL isn’t quite on top of its game, and Yahoo! has had some rough times, but if the two were joined in a sell out by AOL, could the fortunes of the companies be turned around? What do you think?