Armstrong Wants AOL Right on Money
Armstrong Wants AOL Right on Money

AOL, an American global internet services and media organization, is considering merger with Yahoo but it seems that only AOL is interested in the deal, and for that AOL Inc. CEO Tim Armstrong is having several meetings with the world’s top most shareholder to get them involved in the deal.

If the deal between AOL and Yahoo is done then it would help to raise at least $1 billion to $1.5 billion as part of saving, which they earlier used to spend on overlapping fake news sites of different genres like sports, entertainment and finance. And for this, Tim is trying his level best.

For now, he is busy making the ad people interested in the deal that if both the companies would merge, it would be a great wholesome package, but everything lies in hands of Tim whether he would be able to pull off the deal.

Earlier, the company was associated with Goggle but in 2009, they nodded against the deal from the deal as lot of problems emerged between them, but now when it is said that AOL would unite with Yahoo, then its investors want that deal should be a fruitful one, and once again the company become a reason for ‘connecting the world to the web’.

Armstrong is not thinking of present as association with Yahoo is one of its future investments to make AOL one of the top leaders in media industry.

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