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April 07, 2005
Former AOL chairman becomes health & wellness guru
Posted by Dominic Basulto
Earlier in the week, former AOL Chairman Steve Case announced that he was putting $500 million of his own money into Revolution, which will own controlling stakes in companies that provide health care services, leisure travel services and wellness-related products and services.
Within 48 hours, he found a suitable investment target -- Wisdom Media, which operates media properties in the health & wellness category. According to Crain's New York, the company acquired West Virginia-based Wisdom, with the intention of moving the company to NYC. Over the next few months, Case will work some Internet magic on the company to re-brand and re-launch it.
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