Tuesday, December 27, 2005

AOL IPO in '08?

TECHNOLOGY/BUSINESS

AOL GOOGLECOMMENTARY
I'm not so sure of the source but here's some details on an SEC filing.

NEWSBYTE
Stage set for AOL IPO in '08
(Holywood Reporter) Google's purchase of 5% of America Online from Time Warner might pave the way for an initial public offering of AOL some time around July 2008, the companies disclosed in a filing with the U.S. Securities and Exchange Commission.

If Google wants to cash out its $1 billion investment in AOL via an IPO and parent company TW objects to the strategy, TW can choose instead to purchase Google's stake back at "an appraised fair market value," according to Friday's filing. Read full story.

TENSION: Google will take over the world
GRAVITY: Googlesphere


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