Time Warner to spin off AOL on Dec. 9
NEW YORK (AP) — Time Warner says it will spin off its Internet business, AOL, as a separate company on Dec. 9.
Time Warner Inc. said Monday it has declared a dividend on the AOL shares it owns that will result in a complete separation of the two companies.
On Dec. 9, Time Warner stockholders of record Nov. 27 will receive AOL common stock for every 11 shares of Time Warner common stock they hold.
Time Warner was initially purchased by AOL in 2001. The media conglomerate had said earlier this year it would spin off AOL after years of trying unsuccessfully to integrate the two companies.
- Cougars turn focus to dreaded rivals 2:32 a.m.
- WSU get style points vs Cal Poly 2:31 a.m.
- Jazz outlast Pistons in overtime 2:29 a.m.
- Utah Utes whip SDSU 2:28 a.m.
- BYU record with win 2:18 a.m.
- Bruins blast past Utah 12:36 a.m.
- Utah Jazz game at a glance 12:27 a.m.
- Knicks defeat winless Nets 12:23 a.m.
- Iginla powers Flames to win 12:20 a.m.
- Editorial: Hold the line on taxes 12:19 a.m.
- Glenn Beck to enter politics?
- Can BYU throw vs. Air Force?
- Cougars cruise to victory in Hawaii
- Huntsman blasts media over trip
- Christian leaders not backing down
- Police link alcohol to murder
- TCU still has a chance
- BYU record with win
- Orem man acquitted in tot's death
- Religion cited in deportation fight
- Buttars wants to limit gay rights laws
192 - Palin plans tour stop in Utah173
- Glenn Beck to enter politics?129
- Palin's book shows she's unqualified122
- Officer cleared in Cardall Taser case103
- BYU cuts Women's Research Inst.100
- Jazz finally win in San Antonio98
- BYU record with win95
- Utes knock off rival Aggies93
- Huntsman pleased with Obama87
There's a lot of reason to leave your plastic home as you shop:
I don't pretend to be an expert on global warming. I've met with...
Latest comments
Beck is extremely smart, he is selling books and is very popular on TV. All...
@Mick, the Federal Govt is run by corporations through contributions and...
Lets bond together and hope for a REAL celebration SUnday night, can hardly...
I was on the playground too and some teachers came out and called us all to...
B.Y.U. has been a consistent a top 25 ranked winner under Max Hall. Hall has...
Did Timp win four in a row or 4 in 4 years?
You have a lot of growing up to do, It seems like you have not cxperienced...
The proposed ethics law puts roughly the same burden on a legislator that a...
Hall ACTUALLY broke the all timme wins record vs WYO last week. I guess...
Sounds to me like Kraig Powell may be a candidate for resignation. So long,...