Re:Verizon to Buy AOL for $4.4B
by dragonwriter on Tuesday May 12, 2015 @02:28PM
(#9533831)
> Hmm .. May be they could have bought sbc/att/Comcast/twc?
They bought Time-Warner in 2001 for $164 billion to create AOL Time-Warner. The expected synergies of the acquisition largely failed to materialize, the AOL name was dropped from the combined entity in 2003, and AOL was spun back out of Time-Warner in 2009.
Re:Verizon to Buy AOL for $4.4B
by amyjess on Tuesday May 12, 2015 @04:58PM
(#9534819)
Interestingly enough, 2009 also saw Time Warner spin off TWC as an independent entity as well. They technically only use the Time Warner name under license now.
They bought Time-Warner in 2001 for $164 billion to create AOL Time-Warner. The expected synergies of the acquisition largely failed to materialize, the AOL name was dropped from the combined entity in 2003, and AOL was spun back out of Time-Warner in 2009.