Rosie O'Donnell -- In 'Active Negotiations' to Rejoin 'The View'

Rosie O'Donnell is currently in "active negotiations" with "The View" to come back to the program ... sources in connection with Rosie and the production tell TMZ.

We're told Rosie's people are discussing money and other terms with execs from the beleaguered show. She's definitely interested in coming back if the money is right, and we're told the negotiations are far along.

We're told the deal could be sealed shortly and the announcement could be made as early as tomorrow.