Sunnyvale, Calif. -- Hoping to jumpstart talks that initially died about a year ago, Sunnyvale-based Yahoo may be again considering a bid for AOL, according to a report from Fortune. The magazine's web site said that multiple sources have confirmed the company's talks with AOL parent Time Warner, though a source close to Yahoo denied them. Fortune said that the move would help Yahoo Chairman and CEO Terry Semel regain some of the spotlight from Mountain View-based rival Google, which in May finalized a $1 billion investment in AOL as part of an even large advertising and search deal. Yahoo, which reportedly has about $3 billion in cash and equivalents available, has been rumored to be on the verge of a $1 billion acquisition of social networking site Facebook.
http://money.cnn.com/2006/10/28/magazines/fortune/yahoo.fortune/index.htm?eref=money_latest
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