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Report: AOL Mulling Break-Up Strategy, Yahoo! Merger

The plans are exploratory, and fraught with possible complications

AOL is actively exploring a breakup involving a complicated series of transactions that may lead to a merger with Yahoo Inc, Reuters reported Sunday.

The plans are still in the exploratory stage and Yahoo has not been contacted, people close to the situation told Reuters. The plans are also fraught with complications involving myriad moving pieces, the news service reported.

In many respects, the latest discussions are derivative of plans contemplated in 2008 and 2009 before Time Warner spun off AOL to Time Warner shareholders.

Read more at Reuters.