Source : AFPIn order to become too large to be swallowed by Microsoft, Yahoo! is negotiating a fusion of their internet activities with AOL.
The size of the new entity would be harder to digest for Microsoft, who would have to decide how they could swallow it whole.
Yahoo! will be also ready to start to repurchase part of its stock at a price higher than that proposed by Microsoft. The goal is here to drive up the price of their stock, and also to reassure those which hold them. Far from giving up, Microsoft would like to ally itself with News Corp to swallow Yahoo!
All is thus far from being finished in this business that is at risk of launching a second Internet bubble.
[translation by crispin]