Yahoo whiffed on AOL's latest buy
Last week, we reported that AOL was in the market to buy another ad network. Then, over the weekend, reports came that the Time Warner unit will pay $300 million for Israeli ad network Quigo. Mazel tovs all around, of course. But the big loser in the deal? Yahoo, natch.
A tipster writes in to tell us that Yahoo tried to buy Quigo "3 or 4 times" but that the deal never happened. Why? Our tipster tells us Quigo CEO Mike Yavo and Yahoo exec Chris Bolte couldn't find a way to fit their egos in a room together. Which strikes us as implausible. Other than an offer to jump ship, what does a Yahoo executive have going on to feed his ego?