Time Warner announced yesterday it will spin out AOL as a seperate company.
Time Warner owns 95% of AOL and will buy the remaining 5% from Google (for an undisclosed amount) by September before the new AOL floats on the stock exchange. The new AOL will include the web access business, web publishing and social networking including Bebo (which...
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May 29 2009, 9:00am | Original Link »
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