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Time Warner may drop AOL

Time Warner may drop AOL

[b]Time Warner[/b] is looking at different options for [b]America Online[/b], including the possible sale, spin-off or reorganization of the Internet service provider, according to a published report.

[blockquote]A sale or spin off would essentially undo the 2001 purchase by America Online of media conglomerate Time Warner, whose units include cable television operations, movie studios, television and cable networks as well as magazines. Despite a 39 percent rise in the stock price over the last 12 months, the combined company is still worth two-thirds less than on the day the merger was completed. The name AOL was stripped out of the corporate name last year. CNN/Money is also a unit of Time Warner.
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[link=http://money.cnn.com/2004/03/17/technology/aol_spinoff/index.htm?cnn=yes][b]The full report[/b][/link]

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