AOL's takeover of Yahoo: Rumor or real?

WSJ report on possible buyout sends Yahoo shares soaring

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It'll be interesting to hear whether CEO Carol Bartz has anything to say about the buyout rumors. Probably not, but she's certainly going to be asked at the earnings conference call.

Meanwhile, Yahoo (NASDAQ: YHOO) opened trading on Wall Street Thursday morning up 1.08, or 7.1 percent, from Wednesday's closing price of 15.25. AOL (NYSE: AOL) gained 83 cents, or 3.3 percent, to 25.95.

(See also: Not so fast, Carol Bartz)

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