Neither Microsoft nor Google are acquiring AOL, according to a report from Ed Oswald at BetaNews - CEO: AOL Will Stay With Time Warner:
Squashing rumors that AOL is on the auction block, Time Warner says it remains committed to AOL, according to comments made by CEO Richard Parsons at a Goldman Sachs media conference. Parsons told attendees that he thought the driver for the company “is going to be AOL in the short term and the long term.”
But there still might be an MSN/AOL deal:
Even more significant changes could be ahead for AOL, including the possible marriage of some of AOL and MSN’s services. Although the subject of the talks has not been disclosed, it is believed to either center around the use of MSN Search on AOL, or a merging of the sales forces of the two services.
At the conference, Parsons refused to comment on the rumored talks with Microsoft.
Google gets about 12% of its revenue from providing search services to AOL.