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Paper: Yahoo seeks to restart merger talks with AOL

Move seen as tactic to help Yahoo defend itself against Microsoft's unsolicited bid.

Reuters
Yahoo is seeking to restart merger talks with AOL as a means of defending itself against an unsolicited bid approach from Microsoft, the London-based Times newspaper said on Monday.

The paper, without citing sources, said Yahoo was also considering tie-ups with groups such as Google and Disney.

It said Yahoo and AOL had previously tried to join forces, but were unable to agree on the price of a deal.

None of the parties mentioned could immediately be reached for comment.