Doctor Feelgood Administrator
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Posted: Sat, 17 Dec 2005 00:18:30 Post Subject: Google to Buy 5% Stake in AOL for $1B |
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Quote: | NEW YORK — Web search leader Google Inc. is in exclusive talks to buy a 5 percent stake in Time Warner Inc.'s AOL Internet unit for $1 billion, a source familiar with the matter said on Friday.
A deal would shut out Microsoft Corp., which was seeking its own arrangement. |
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