Google/AOL Close in on Closing
Well, they're getting closer
Well, they're getting closer
Well, they’re getting closer. After stating their intentions back in December, Google and AOL have signed definitive agreements outlining their new relationship. So says GOOG’s latest SEC filing, which indicates the two expect to close the deal in the second quarter.
Included, of course, is Google’s $1 billion investment to take a 5 percent equity stake in the Time Warner property. As a reminder, the other provisions call for Google to (I’m quoting from the annual report here):
[tip o’ the hat to SEW blog]
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