Monday, December 12, 2005

AOL Co-Founder Calls for Split of Time Warner - New York Times

AOL Co-Founder Calls for Split of Time Warner - New York Times: "As Time Warner nears a decision on a big alliance with Google or Microsoft for its America Online unit, Stephen M. Case, the co-founder of AOL, has spoken out against the plan, aligning himself with the thinking of the financier Carl C. Icahn, who has pushed for a breakup of Time Warner."

I suspect this means both Icahn and Case believe Time Warner is unlikely to see higher bids for part/all of AOL, and should sell now.

Meanwhile, Lycos tries to regain relevance.
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