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In November, I speculated about who would buy a stake in AOL, either Microsoft or Google. Comcast and Yahoo were reportedly showing an interest too, but the smart money was on google and Microsoft. Then, on December 9th, I wrote that the Wall Street Journal was reporting the matter decided, and that Microsoft was going to seal the deal. Now, in a complete reversal, Google has offered up $1 billion (with a b) for just 5% of the Time Warner company known as AOL. You can read the whole story here on Cnets’ news.com Is this the end? I doubt it! Stay tuned… |
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Nice blocking move by Google.