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Time Warner Looking to Spend $9.25 Billion?

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Old May 21st, 2008, 05:41 PM   Digg it!   #1 (permalink)
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Time Warner Looking to Spend $9.25 Billion?

With the company spinning off its cable division, Time Warner will soon be looking to leverage an additional $9.25 billion in dividends. Acquisitions are likely, with television networks being a distinct possibility. Meanwhile, AOL is still operating under a large question mark, though industry insiders continue to ponder the potential of a merger or joint operation between AOL and Yahoo!.

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Form the Time Warner Cable perspective, the big one-time dividend puts it outside of its target leverage ratio, but the company expects it to maintain investment-grade rating.

Source: paidContent.org

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Old May 21st, 2008, 05:44 PM     #2 (permalink)
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I would think that AOL would be like adding a ten pound weight to a soaring bird. Does AOL have any respect by those who really know computers? Curious if any here like it.
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Old May 21st, 2008, 05:52 PM     #3 (permalink)
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AOL is no longer interested in being an Internet service provider. Instead, think more along the lines of search, shopping, community, etc. AOL is now basically a massive Internet portal, and yes, it does turn serious traffic numbers. The AOL.com domain is currently ranked as the 21st most popular site on the Internet.
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