Text size

The Yahoo (YHOO) board yesterday "clear the way for a fresh round of discussions with Time Warner (TWX) over the future of its AOL unit," the Financial Times reports today. The story says that could lead to new talks about a combination of the two companies.

Citing "one person familiar with the company's thinking," the FT said that while new talks were approved, no active discussions are underway. The FT notes that Time Warner CEO Jeff Bewkes last week said he hoped his board would decide AOL's future "fairly soon."