Investors like possible AOL-Google deal
AOL is already Google’s largest customer, with AOL search being powered by Google and ads across AOL’s online properties being provided by Google.
“Google Inc. investors seemed pleased with the news that Time Warner Inc. is expected to sell a 5 percent stake of internet service provider AOL to Google Inc. for $5 billion, sending shares of Google to another 52-week high Monday.While a number of bidders, including Yahoo Inc. and Microsoft Corp., were thought to be negotiating to buy a stake in America OnLine, it is widely reported that AOL is now in exclusive talks with Google, and an announcement may come as early as Tuesday.”
Read more at www.businessweek.com/ap…
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