A Yahoo logo is seen during the Cannes Lions International Festival of Creativity in Cannes, France, June 19, 2023. REUTERS/Eric Gaillard
New York (Reuters) -Yahoo is in advanced talks to sell AOL to Italian technology company Bending Spoons for about $1.4 billion, four sources familiar with the matter said, as the Apollo Global Management-backed firm sheds one of the most recognizable names of the early internet era.
The Milan-based app developer is in advanced talks to purchase the legacy media brand, the sources said. But they cautioned that a final agreement has not been signed and talks could still fall apart.
