Time Warner to Spin Off AOL?
image77 writes "The Washington Post is reporting that Time Warner is considering spinning AOL into a separate company via an IPO. You might recall that AOL bought Time Warner for over $100 Billion in 2001, and then went on to lose almost that much in 2002."
... I agree. AOL has by far outlasted its beginnings, and this only because of the "first web generation" (cough) educated to its (double cough) teachings (flashing gif, banner banner. Please click where you normally shouldn't have to click to continue so that you can look at this nice ad first).
In today's market world, when a company (holding) wants to rid itself of its less profitable ventures, it must first isolate it and make it independant from its "parent" inter-financial network. If someone is gaff enough to take the (dangling) bait, great, but if not, it becomes an investment apart, becomes less (investor) interesting, wilts and dies.
We've seen this story countless times over the past few decades, with only the logo that changes.
No, no sig. Really.
ThePromenader