Just about every month for a while now there have been rumors about how much sense it would make for Yahoo and AOL (which owns TechCrunch) to merge. Reuters today brought it up again in a long article. They clearly have some unnamed sources, probably an investment banker and maybe an AOL exec, to fill in some of the details. But they don't seem to understand the real mess that would need to be sorted out before a deal could happen, and some of their analysis is just wrong. I remember once back in my lawyer days when I was working on a big merger between two tech companies - Aol and Netscape. Netscape by then no longer had the luster it once had - Microsoft has castrated it with Internet Explorer and the company was clearly heading in the wrong direction with little chance for a turnaround. Well, whatever. We were just the lawyers, and this was a BFD. But I do remember asking a partner why the companies were merging. He told me the classic M&A line: "They're tying two rocks together and hoping they'll float."
Source: http://feedproxy.google.com/~r/Techcrunch/~3/ynaEZKjz2Jw/
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