New and Noteworthy: Microsoft in talks to buy AOL?

Microsoft in talks to buy AOL? The Guardian reports that Time Warner, struggling to stem the decline of its America Online division, is reported to have held talks about selling the business to Microsoft. "Executives of the two companies are said to have met for discussions about a possible deal in the past few months. Time Warner lawyers have also been asked to overcome any potential roadblocks to the transaction from Washington, the New York Post reported." More.

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