Technology news and Jobs 
VIRTUALISATION Time Warner gets ready to spin off AOL
VIRTUALISATION Time Warner gets ready to spin off AOL | Time Warner gets ready to spin off AOL |
|
| by Jake Widman | |
| Wednesday, 29 July 2009 | |
|
Page 1 of 2   
Featured Whitepaper
5 Best Practices for Smartphone Support
The formal notification to the SEC is one step in that process, which Time Warner hopes to conclude before the end of this year. AOL is still the number-four Web portal (after Google, Microsoft, and Yahoo) and has a profitable advertising platform, which will be the focus of the new business. The plan is for Time Warner shareholders to own the outstanding interests in the independent company. Also as part of the process, Time Warner re-acquired the five percent stake in AOL that Google purchased in 2005. The repurchase price gives a clue as to AOL's current valuation. For more on Google and AOL's value, see Page 2. |
| < Next story in category | Previous story in the category > |
|---|
