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Home / Research Tools & Catalog / Research Guides / Jenkins Blog /

AOL Spinoff Set for December 9

Time Warner will say “So long and thanks for all the fish” to AOL on December 9. Shareholders will get 1 AOL share for every 11 TW share they own. AOL is now valued at around $3.5 billion, down from the $5 billion I reported 4 months ago.

Submitted by: Dan Giancaterino, Education Services Manager
on November 17, 2009 - 11:15 am

Comments

  1. November 19th, 2009 | 12:50 pm

    [...] 2,500 staffers to quit voluntarily between December 4 and December 9 as part of a cost-cutting move prior to the company’s IPO. That’s one-third of the company, btw. If Armstrong doesn’t see enough empty cubes, [...]

  2. December 10th, 2009 | 9:35 am

    [...] NY Times reports on Aol’s first day as a separate, public company. (Apparently the Times missed the press release that said AOL was [...]

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