December 05, 2005
Time Warner Close TO AOL Decision
: Nothing new on this, really, but just that Dick Parsons, CEO of Time Warner, is close to making a decision about the future of AOL, and that could prove pivotal to the media group's share price as it faces a battle for board control.He has to choose between Microsoft and Google...he has still not determined whether to sell a stake in AOL or whether to pursue a partnership with Microsoft or Google that does not include giving up a share in AOL.
If Parsons can make a deal that pushes TW's share price decisively above $18, it would remove some of the pressure from the rebel Carl Icahn group...
