Friday, May 29, 2009

AOL Completes Netscape Acquisition After Shareholder Vote - Computer Business Review : News

p.s. in case you were wondering about the value of the AOL/NSCP acquisition being $4.2 or $10B, I found the following details (via Bing, naturally :)) – from a March, 1999 article (the AOL Time Warner deal was announced in November, 1999):

The deal, which was originally valued at $4.28bn in November, has since skyrocketed due to gains in AOL shares and is now worth roughly $10.18bn based on Wednesday's AOL closing price and an estimated 103.7 million outstanding Netscape shares. AOL ended the session Wednesday at $109.0625, up $4.125, while Netscape closed up $3.5625 at $97.625.

Those were some fun days, on the Bubble 1.0 upward slope…

AOL Completes Netscape Acquisition After Shareholder Vote - Computer Business Review : News

Post a Comment