Vampmon
September 15th, 2005, 06:59 AM
p2p news / p2pnet:- Time Warner is in “advanced talks” to sell its America Online unit” to Microsoft, says the New York Post.
“According to two sources familiar with the matter, Time Warner is in talks with Microsoft about selling the stake in AOL and then combining it with Microsoft's Web unit MSN,” says the story.
“Under the plan being considered, Microsoft would pay some money to Time Warner for the AOL stake, leaving the two companies approximately equal partners in the venture.”
Source: http://p2pnet.net/story/6256
“According to two sources familiar with the matter, Time Warner is in talks with Microsoft about selling the stake in AOL and then combining it with Microsoft's Web unit MSN,” says the story.
“Under the plan being considered, Microsoft would pay some money to Time Warner for the AOL stake, leaving the two companies approximately equal partners in the venture.”
Source: http://p2pnet.net/story/6256