According to a report in the New York Post, Microsoft is in advanced talks with Time Warner to buy a stake in AOL. The rumored deal would make the two companies nearly equal partners. The AOL and MSN services would merge as a result of the deal. According to the report, Time Warner has also had discussions with potential AOL suitors Yahoo and Google, but Microsoft is the preferred partner. Article [1]
Links:
[1] http://www.ecommercetimes.com/rsstory/46142.html