Monday, November 16, 2009

AOL and Time warner break up

After a decade AOL will once again be a independent company on December 9th when Time Warner will spin off shares. The shares will be spun using this formula: one share of AOL will be distributed for every 11 shares held in Time Warner. AOL will be worth about 3.4 billon so thats a decrees from when Google gave back its 5% share and even more a decrees since the original merger between AOL and Time Warner.

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