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September 15, 2005
A message for Bill Gates: You've got AOL
Posted by Dominic Basulto
The New York Post has the inside scoop on a rumored deal involving Time Warner and Microsoft:
"In a deal that would unite two of America's corporate giants as partners in the Internet business, Time Warner is in advanced discussions to sell a stake in America Online to Microsoft... According to two sources familiar with the matter, Time Warner is in talks with Microsoft about selling the stake in AOL and then combining it with Microsoft's Web unit MSN."
Anonymous sources also report that Time Warner is shopping AOL to Yahoo! and Google at the same time, so the odds are high that Time Warner is close to washing its hands of the Internet unit. Could this be the result of pressure from Carl Icahn and his barbarian hordes? In addition to pushing for a seat on Time Warner's board, Icahn has been making noise about spinning off or selling outright various units of the media/Internet giant.
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