Report: Onetime High Flyer AOL Considering Going Private

Aug 31, 2011  •  Post A Comment

AOL, the onetime darling of the late 1990s Internet boom, is considering going private, according to the New York Post.

Early discussions have focused on finding a price that might convince AOL’s management to consider investing in taking the company private, the story notes.

As previously reported, AOL has hired a top M&A team, although the company has denied it is contemplating a merger.

The appeal of going private is that the company would be allowed to restructure without shareholder scrutiny, the story says.

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