Microsoft in process to buy AOL
CNN | at | by Mike
Number of sources have confirmed that Microsoft has resumed talks to acquire AOL. Early this month New York Post has reported the early stages of negotiations between two companies, but both sides strongly denied the speculations. To what now seems that the deal may be more plausible than both sides admitted. Many analysts point out that through the purchase of AOL, Microsoft could become number one ISP in the America. With 50 billion dollars sitting in the bank, Microsoft can easily afford the takeover. One sticking point in negotiations was over Netscape browser, which AOL owns as open source, but Microsoft wants to scrap the project altogether in favor of Internet Explorer. Even if the talks succeed, Microsoft may face further antitrust issues over this acquisition.