Friday, June 24, 2005

AOL Latin America files for Chapter 11 protection

A Reuters newswire article via Yahoo! News reports that:

America Online Latin America, Inc. today announced that it has filed for Chapter 11 bankruptcy protection.

AOL Latin America, which provides AOL-branded services in Latin America, said its subscribers will continue to receive the America Online branded service without interruption.

Time Warner Inc. owns the America Online service and is one of AOL Latin America's principal stock holders.


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