Microsoft in talks for AOL stake: source - Yahoo! News

Microsoft in talks for AOL stake: source - Yahoo! News: "Time Warner Inc. (NYSE:TWX - news) and Microsoft Corp. (Nasdaq:MSFT - news) have been in business discussions over the past several months regarding Internet search and advertising networks, but not a joint venture, a source familiar with the matter said on Thursday.
'There have been talks on ways Microsoft and AOL assets can be better leveraged and they've taken place over the normal course of business...,' the source said, calling reports of a joint venture between the two companies 'way overblown.'
The source said nothing was 'imminent.'
Time Warner declined comment. Microsoft was not immediately reachable.
Various discussions between the two companies started some two years ago after the two companies settled a long-running antitrust suit that America Online, a unit of Time Warner, filed against the software giant, the source said."