January 10, 2000: The (AOL) Time Warner Acquisition
This is an interesting parallelism:1990 – Time Inc. acquires Warner Communications for $14.1 Billion.
2000 – AOL purchases Time Warner for $165 Billion in stock. The merger would finally complete on Jan 11 2001 when the Federal Trade Commission approves the merger.
AOL and Time Warner continue a relationship until 2009 when the two companies finally split.
Wikazine – Full show notes for January 10
- Apple releases the Macintosh Plus
- Microsoft settles with Caldera
- A court rules against Rambus due to their “Spoliation” of documents