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Old 03-24-2004, 06:34 AM   #1 (permalink)
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Microsoft to Acquire AOL!?!?!

http://money.cnn.com/2004/03/19/news...ex.htm?cnn=yes

Quote:
NEW YORK (CNN/Money) - Time Warner Inc. may be looking into the possibility of selling its AOL unit to Microsoft, according to a published report Friday.

The New York Post, citing people familiar with the situation, said Time Warner executives have held talks in recent months with Microsoft about a potential sale of AOL.

The deal being discussed within Time Warner would include Microsoft (MSFT: Research, Estimates) paying cash plus the assumption of debt to acquire AOL, the paper said, adding that Microsoft may even be considering a possible investment in Time Warner Cable
If the government allows this that screams sellout.
AOL and MS have been competitors in several aspects (ISP, IM) for YEARS.

Typical... don't even consider trying to be better than them.. just buy them.

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Old 03-24-2004, 06:45 AM   #2 (permalink)
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Yeah, another M&A.

Now MS is looking for a monopoly as an ISP. Bad news I think.
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Old 03-24-2004, 06:47 AM   #3 (permalink)
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AOL, a "monopoly"? Hardly.
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Old 03-24-2004, 06:51 AM   #4 (permalink)
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Agreed AOL isn't a monopoly, but they DO still have a huge subscriber base for dialup.
It maybe dwindling but its still very large.

MSN + AOL = Bad news
Lowers competition... not that MS would want to do that
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Old 03-24-2004, 07:03 AM   #5 (permalink)
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Mmmm, capitalism.
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Old 03-24-2004, 07:21 AM   #6 (permalink)
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Quote:
March 19, 2004: 6:34 AM EST
Never saw that story. But, I read that this idea was denied, as in never happened, by T/W Sun. or Mon. (22 or 23rd of March)



Don't remember where, but in would have been on either CNN or BBC.

Last edited by nomaxim; 03-24-2004 at 07:25 AM.
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