Time Warner To Split Off AOL From Its Content/Advertising Business
August 03, 2008 at 21:47 PM EDT
Media giant Time Warner Inc., (TWX) in its plans to cut costs and streamline operations, according to WSJ — is expected to announce on Wednesday, that it has completed the internal work necessary to separate its AOL’s Internet-access business from its website and online advertising business. This news however, shouldn’t come as a surprise. Time Warner [...]