It appears that Time Warner is looking to dump its AOL unit and both Yahoo and MSN are interested. This story is just starting to develop so there will be a lot more written about this soon.
Aside from the massive changes a sale of AOL will bring to the SEO world, this move would, in my mind, mark the end of the Dot-Bomb era. AOL actually purchased Time Warner at the height of the Tech-Boom but has been more of a financial millstone around TW’s neck ever since. The sale would likely breathe new life into AOL but, if MSN completes the purchase, would mark the destruction of Netscape.