Google and Comcast reportedly are in talks with Time Warner about acquiring a minority stake in AOL in a deal worth up to $5 billion. Reports indicate Google and Comcast are interested in the content side of AOL, and not its dial-up and broadband ISP business, so the deal would involve dividing AOL.com from AOL. The deal, if completed, would create an Internet content entity that could eclipse industry leader Yahoo! in terms of unique visitors. The move by Google, flush with cash from two lucrative stock offerings, counters a bid by Microsoft to invest in or acquire a piece of AOL.

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