Report: AOL Units Being Readied For Sale
August 4th, 2008 by admin
For months there’s been anticipation that some or all of AOL would be sold. Talks between AOL and Yahoo have been ongoing, as they have with Microsoft to a lesser degree. But months ago AOL decided to separate its ISP business (8.7 million subscribers) from its advertising and consumer portal businesses. According to the Wall Street Journal today, the accounting exercise of dividing assets and liabilities between the two sides of the business has now largely been concluded.
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