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M&A guys have been laughing all the way to the bank since then.
The bright side: TimeWarner is now surely happy that this saga is all over (so that they can do it all over again in a generation).
This begs the question: what if TimeWarner had bought gold instead?
The bright side: TimeWarner is now surely happy that this saga is all over (so that they can do it all over again in a generation).
This begs the question: what if TimeWarner had bought gold instead?
AOL Is Worth Half of Facebook, 5% of Google as Merger Is Undone
By Jeff Kearns
May 28 (Bloomberg) -- AOL, eight years after the Internet service linked up with Time Warner Inc. in a $124 billion merger, is now worth half as much as Facebook Inc. and less than 5 percent of Google Inc.
Facebook, the biggest social-networking Web site, is valued at $10 billion, its implied value after Digital Sky Technologies agreed to pay $200 million for a 1.96 percent stake this week. Google, operator of the largest Internet search engine, has a market value of $129.7 billion. AOL may fetch about $6 billion following its spinoff from Time Warner, according to analysts.
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Full article here.
By Jeff Kearns
May 28 (Bloomberg) -- AOL, eight years after the Internet service linked up with Time Warner Inc. in a $124 billion merger, is now worth half as much as Facebook Inc. and less than 5 percent of Google Inc.
Facebook, the biggest social-networking Web site, is valued at $10 billion, its implied value after Digital Sky Technologies agreed to pay $200 million for a 1.96 percent stake this week. Google, operator of the largest Internet search engine, has a market value of $129.7 billion. AOL may fetch about $6 billion following its spinoff from Time Warner, according to analysts.
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Full article here.
) than your company deserves to be the biggest punchline of all time in the M&A business.
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