The Wall Street Journal claims Microsoft planned to meet with AOL executives yesterday to talk about the two companies combining AOL and Microsoft's online division.
Microsoft has been discussing a possible deal for months as an alternative to Microsoft buying Yahoo, the WSJ reported. Representatives of Microsoft and AOL didn't immediately respond to a request for comments.
The structure of a deal between AOL and Microsoft hasn't been worked out, the Journal said.
Microsoft has made multiple offers to buy Yahoo this year. Yahoo on Saturday rejected a joint proposal from Microsoft and investor Carl Icahn that would have sold Yahoo's search business to Microsoft.