Thursday, May 06, 2004
Is AOL for Sale?
Susan Mernit points to a few stories suggesting Time Warner could sell off AOL sometime this year. UK pub Media Week has the initial report, The New York Daily News follows up saying that while there has been offers for AOL, they're nowhere near the $20 billion Time Warner chairman Dick Parsons is looking for. Time Warner and AOL merged in 2000 in a $350 billion deal.
|:: posted by Donald Melanson, 7:34 PM