The latest twist that is the share killing saga of the Microsoft Yahoo buyout hit us today – with news that Yahoo is close on closing a deal to merge with AOL.

“The latest twist: The WSJ is reporting that Yahoo is close to signing a deal to combine with AOL.

This at the same time that Yahoo is doing a limited test to place Google ads in its search results. Meanwhile, News Corp, which Yahoo once hoped would be its white knight, is said to be turning on Yahoo and talking to Microsoft about joining its bid. Obviously a lot of balls are up in the air right now, and anything is possible.”


Continue at TechCrunch…

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