New York – AOL (NYSE: AOL) is "actively exploring" a breakup
of the company through a series of moves that ultimately could lead to a merger
with Yahoo (NASD: YHOO), Reuters reported. Under a plan still in the exploratory stages, AOL
would sell its dial-up Internet business, then combine its advertising and
content businesses with Yahoo’s.
Reuters, citing sources close to the
situation, reported that AOL has not yet approached Yahoo with the deal.
Warner had considered similar plans before ultimately choosing to spin off AOL
late last year.
Rumors have swirled about a possible combination between Yahoo
and AOL for the past several months.