Google sells its stake in AOL

Companies in Relationship

AOL, Google

Deal Facts

Initial Announcement Date: 7/09

Time Warner Inc. acquires the outstanding 5% stake in AOL Holdings, LLC from Google for $283 million in cash. AOL is a global Web services company with a suite of brands and offerings that include online content, products and services that the company offers to consumers, publishers and advertisers. In December 2005, Google had paid $1 billion for the 5% stake.

Copyright 2008-2015 George T. Geis. All Rights Reserved.