Sandy Brown at TheStreet.com:
Yahoo! has joined the whirlwind Internet industry courtship of AOL, sources say.
Update: More from Anick Jesdanun at the AP:
Yahoo Inc. is considering buying a stake in America Online Inc., joining other Internet powerhouses interested in the company’s Web portal, a person close to the talks said Friday.
The discussions were described as preliminary and not as advanced as separate talks AOL parent Time Warner Inc. has had with Microsoft Corp. and Google Inc., which is considering a joint bid with Comcast Corp.
News Corp. has also expressed interest, but those discussions have largely ended, said the person, who spoke on condition of anonymity because the release of information was not authorized.
More by following the link, but what everyone is interested in is AOL’s new free portal, AOL.com, which one analyst values at $11.3 billion based on the advertising potential.