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| Google free to offload $1 billion AOL stake |
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| Business and Law | ||||
| By The Register | ||||
| Wednesday, July 02, 2008 14:13 | ||||
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Today is the first day that Google can sell its stake in AOL, picked up in exchange for $1 billion as part of a wider video and advertising partnership between the two signed in 2005. The deal either gives Google five per cent of AOL should there be an initial public offering or gives Time Warner first refusal on the stake. Read the complete story here.
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