Monday, July 07, 2003

The Seattle Times: Business & Technology: AOL: Gates never threatened Case

The Seattle Times: Business & Technology: AOL: Gates never threatened Case: "The irony just keeps coming. Despite Case's blunt assertion to Gates in 1993 that AOL wasn't for sale, Kimsey told Klein he would have sold the company if the Microsoft chairman offered around $60 a share, or $350 million.
That's less than half the $750 million Gates agreed to pay AOL this past May to settle a lawsuit over damages to Netscape Communications, which Case bought in 1999. Maybe Gates should have bought AOL after all, before it buried itself in debt."

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