Future of AOL to be decided soon
Oh yes it will, oh no it won't
Posted in Financial News, 6th December 2005 10:43 GMT
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The ongoing saga over the future of AOL could be nearing a conclusion. Last month, AOL's parent Time Warner confirmed that it was holding "exploratory" talks with a number of operators over the future of its AOL internet division concerning a "range of potential strategic relationships and transactions".
This merely confirmed stories that had been buzzing around for months that AOL may - or may not - be up for sale.
And according to the Financial Times, that's essentially where AOL remains today - except the internet company is a little closer to a decision on whether to flog or not.
In fact, a decision could be made within the next couple of weeks. By which time, Time Warner may have decided to flog a minority stake in the AOL business to either Microsoft or Google. Or not.
'Cos it's still possible that Time Warner will decide to hang on to all of AOL and just enter some kind of partnership with either Microsoft or Google. Roll-on decision time. ®
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