Brett Pulley and Douglas MacMillan, for Bloomberg:

Yahoo is unlikely to be interested in a deal for AOL at this time given the company’s losses and declining revenue, according to one person familiar with the matter. AOL’s market value is about $1.6 billion, while Yahoo’s is about $18.2 billion. 

It's a bit of sloppy writing, but ironic.  Given which company's losses and declining revenue?  The antecedent is important for clarity's sake, but ultimately it probably doesn't matter...both companies are in pretty bad shape, and neither would likely serve the other well as a flotation device.  On the other hand, they probably deserve each other.