AOL Just Lost Its Yahoo Bailout

Yahoo's (YHOO) CEO Marissa Mayer and its M&A chief Jackie Reses have both crushed speculation that Yahoo would buy AOL (AOL: ~$39/share) with its cash from the Alibaba IPO. Mayer reportedly told Re/code that an AOL acquisition would be "small, unexciting, uninspiring, and backward-looking."
by David Trainer, Founder & CEO