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flag Yahoo nears $1.4B deal to sell AOL to Italy’s Bending Spoons, pending confirmation.

flag Yahoo is in advanced talks to sell AOL to Italy’s Bending Spoons for about $1.4 billion, a move that could mark a major turnaround for the once-dominant internet pioneer. flag The deal, which remains unconfirmed and could still fall through, would see Bending Spoons, known for apps like WeTransfer and Evernote, expand its digital portfolio. flag AOL, currently owned by Apollo Global Management, has seen a 20% year-over-year traffic rise among key demographics, driven by new content in health, tech, true crime, and local news. flag The acquisition would add AOL’s audience and assets to Bending Spoons’ ecosystem, which serves 300 million monthly users. flag No official statements have been made by the parties involved.

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