9.18.2003

It's official: AOL Time-Warner

AOL is so over.

Time Warner partisans have called for a corporate name change for more than 18 months, since America Online's business and accounting troubles dragged down the price of the parent company's stock and depressed the value of their stock-based compensation and retirement accounts. Numerous Time Warner officials, who resented AOL from the start, have made their views about a name change known, both at an open meeting convened by Parsons and in private sessions.
What's funny is this was once seen as AOL gobbling up Time-Warner, when the merger was announced. Now AOL is being shunned like a deformed freak-baby.

And I love it.

No comments:

Post a Comment