Why Yahoo! Should Buy AOL


Eric Jackson

 | Jul 11, 2014 | 11:00 AM EDT
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A pair of Bloomberg and CNBC reporters covering Allen & Co.'s Sun Valley, Idaho, conference separately tweeted seeing Yahoo! (YHOO) CEO Marissa Mayer in "deep conversation" with AOL (AOL) CEO Tim Armstrong at a bar late last night.

Neither stock has really reacted, with both up marginally in morning trading. But these rumors focus everyone on the fact that Yahoo! will soon have lots of money thanks to the Alibaba Group's impending initial public offering, which most people -- myself included -- expect on Aug. 8. Victor Anthony of Topeka Capital Markets estimates that Yahoo! will net at least $9 billion from the IPO once it sells down its Alibaba stake....364 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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