Good grief: There’s now a friggin’ stampede to invest in AOL.
Yahoo Inc. is in early talks about buying a stake in Time Warner Inc.’s America Online unit, according to people familiar with the situation.
Yahoo joins a long list of suitors who have expressed an interest in AOL, including Microsoft Corp., Google Inc. and Comcast Corp. A person close to the situation says that Yahoo is interested in luring AOL users to its search engine.
I shouldn’t say this because I’m a disgruntled Time Warner stockholder and anybody buying this lemon is a good thing. But I feel morally bound to remind the world that AOL is a nightmare from which there is no waking up.
