Yahoo No Longer Bidding for Piece of AOL

Reuters and the Wall Street Journal report that Yahoo is no longer interested in getting a piece of the AOL pie.

After we learned what their proposed deal terms were, we passed and we've never looked back," a Yahoo spokeswoman said on Thursday, confirming a report in the Wall Street Journal.

She denied that the company had made an offer for AOL but confirmed that Yahoo Chief Executive Terry Semel met with Time Warner chairman Richard Parsons in October.

The full text of that Wall Street Journal article is here. This week acccess is free to non-subscribers.

The article reports that AOL is still in talks with Microsoft and Google/Comcast.