Friday, August 15, 2008

Google says AOL is a lemon, regretting $1 billion investment

 

According to Google’s 10-Q filing, Google is regretting their $1 billion investment in AOL for 5% of the company. They have determined that AOL looks like a lemon, and they will never see any return on their investment.Basedon our review, we believe our investment in AOL may be impaired. After consideration of the [...]

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