Saturday, December 24, 2005

Google's AOL Investment May Lead to 2008 IPO

An AP newswire article by Michael Liedtke, via Yahoo! News, reports that:

Google Inc.'s $1 billion investment in America Online could lead to an IPO in 2008, giving the online search engine leader and AOL parent Time Warner Inc. an opportunity to capitalize on an Internet advertising boom that they hope to fuel through their partnership.

The possible timeline for an initial public offering by AOL emerged in a Friday filing with the Securities and Exchange Commission. The documents provide additional details about a deal announced earlier this week that extends the business ties that Google and AOL formed when they began working together in 2002.


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