The Wall Street Journal reports that a deal between AOL and Google Inc. is imminent. Google Inc. is taking a 5 percent stake in AOL for US $1 billion in cash. That would give AOL a valuation of US $20 billion and alleviate some pressure on AOL’s parent Time Warner by parties including former AOL CEO Steve Case and financier Carl Icahn.
AOL and Google in Exclusive Deal?
December 16th, 2005 · No Comments
Tags: Google
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