AOL shares fell more than 5% in Friday

Abstract: September 10 News, according to foreign media reports, AOL may be linked to Yahoo, the impact of rumors, AOL's Friday share price fell more than 5%. Earlier sources said that AOL CEO Tim Amstrong (Tim Armstrong) has been with some private equity companies into

AOL's Friday share price fell more than 5% per cent, according to foreign media reports that AOL could be affected by the rumours of a Yahoo merger.

Earlier, AOL chief Executive Armstrong Tim Armstrong has contacted some private-equity firms to assess the viability of a merger with Yahoo. Some media sources say that if AOL and Yahoo merged successfully, Armstrong could become the top executive of the merged company.

However, CNBC later reported that people familiar with the matter said Yahoo had indicated that it had no intention of merging with AOL. Neither Yahoo nor AOL has yet formally commented on the rumours.

AOL's shares fell 5.3% per cent in Friday, at $14.72, while Yahoo's shares rose slightly 0.3% to 14.48.

Clay Moran, an analyst at the Market Research Institute benchmark, Cley Molin that AOL's investors may be disappointed that Yahoo has no intention of merging with AOL. This is not the first time the rumors of a merger between AOL and Yahoo. In fact, last year it was rumored that AOL had contacted Bank of America to study a number of strategic options, including a possible merger with Yahoo.

Yahoo also has a lot of trouble at the moment, which led to the dismissal of Yahoo CEO Bartz Carol Bartz earlier this week.