It turns out yesterday's news about former AOL CEO Jonathan Miller trying to gather money to buy Yahoo was false. Miller has been raising money, but it's for his own venture capital firm, not for buying Yahoo.
Miller's firm is Velocity Interactive Group and it does invest in digital media.
This is the second false rumor in a week regarding a purchase of Yahoo. Over the weekend, media reported that a new Microsoft-Yahoo deal had been reached.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) will bring together the industry's leading online marketing practitioners to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, the comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!