Feb 5 2009
Google Wants Out of AOL Investment
Measured strictly in terms of financial returns, Google’s investment in AOL has been a dud. In 2005, Google paid $1 billion for a 5 percent stake in AOL, valuing the Time Warner unit at $20 billion. Last month, Google wrote down the value of that investment by $726 million, which assumes AOL’s new valuation is [...]
