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AOL, the weakest unit of Time Warner, can now separate

April 17, 2009 - 3:48am | News | Other themes
AOL, the weakest unit of Time Warner, can now separate

As Reuters reported, on Thursday Time Warner’s bondholders had agreed to change the conditions of their debt contracts. That means that the restrictions on a sale or spin-off of its Internet unit AOL will be removed. Time Warner's portfolio includes HBO, Warner Bros film studios and the Time publishing unit.
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AOL | bondholders | CEO | google | internet | online advertising | recession | spin-off | Time Warner
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