Wednesday, March 23, 2005

Yahoo! News - AOL LatAm Running Out of Cash, May Cease Operations

Yahoo! News - AOL LatAm Running Out of Cash, May Cease Operations: "America Online Latin America Inc. (Nasdaq:AOLA - news), the beleaguered provider of Internet services in South America, said on Tuesday that it was running out of cash and may shut down or file for bankruptcy protection.
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AOL Latin America, founded as a joint venture between America Online Inc. and the Cisneros Group at the start of the Internet bubble in 1998, has since struggled to become profitable. "
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