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- I think the $1 billion was cash...
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... to buy 5% of AOL, which is not a separate company from Time Warner and doesn't have its own stock. The $300 million is described as credits for AOL to advertise on Google, as you say.
Buying loyalty, even benevolence rarely works. Look at executive compensation.
I still think AOL decided to go for free money instead of looking for a way to grow its business or cut costs.
Google made another deal like the one with Sun, except this one cost money. - Posted by: Anton Philidor Posted on: 12/28/05 You are currently: a Guest | Members login | Terms of Use
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