Google to Time Warner: Pay for AOL!
Google demands from Time Warner to spin off AOL as a public company or buy its 5 percent stake; http://tr.im/ep48
Google demands from Time Warner to spin off AOL as a public company or buy its 5 percent stake; http://tr.im/ep48
Gerrit Eicker 07:48 on 5. February 2009 Permalink |
TW: “I will also point out that at the end of last week Google sent us a request to exercise their demand registration rights that it has for its 5% ownership stake in AOL. We’re reviewing what we received and we’re evaluating our options. Those options include proceeding with the request, delaying the decision for some time or we can move ahead to potentially buy back Google’s stake at an appraised value, which would obviously be well below the value that was placed on it at the time of the original investment.”