Tuesday, April 10, 2012

Microsoft Buys Netscape In AOL $1 Billion Patent Deal - Peter Kafka - News - AllThingsD

Strange days indeed -- also see AOL Patent Sale Heavy With Tax Benefits (WSJ)
"That’s a side component of the $1 billion patent sale that AOL and Microsoft announced this morning. As part of the transaction, AOL announced that it was selling off “stock of an AOL subsidiary” at a loss, in a move that’s supposed to reduce its overall tax bill.
AOL didn’t disclose the name of that subsidiary in its press release, but a person familiar with the transaction has clued me in: It’s Netscape."
Microsoft Buys Netscape In AOL $1 Billion Patent Deal - Peter Kafka - News - AllThingsD
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