A novel strategy to prepare reactively compatibilized polymer blends is reported. An oligomer that consists of AMS (alpha-methyl styrene) and GMA (glycidyl methacrylate) is initially synthesized. When this oligomer is melt blended with poly(propylene) (PP), the GMA units in the oligomer are successfully grafted onto the PP chain, which is proven by measuring the FT-IR spectrum of the blended PP. When the oligomer is added to a blend of PP/Ny66, an in-situ compatibilization occurs, which leads to an increase in torque values during blending, a decrease in crystallinity degree of Ny66, and is observed by SEM images of the resulting blends. The compatibilizing effects of the oligomer are also observed in PP/Ny6 and polyethylene/Ny6 blends. A relevant compatibilization mechanism is proposed.