12/12/2005

AOL co-founder calls for split of Time Warner

Filed under: — By Aviran Mordo @ 8:02 am

As Time Warner nears a decision on a big alliance with Google or Microsoft for its America Online unit, Steve Case, the co-founder of AOL, has spoken out against the plan, aligning himself with the thinking of the financier Carl Icahn, who has called on Time Warner’s board to break up the company.

Case, who recently resigned as a Time Warner director, wrote in an essay in The Washington Post on Sunday that “although I played a key role in bringing AOL and Time Warner together six years ago, it’s now my view that it would be best to ‘undo’ the merger by splitting Time Warner into several independent companies and allowing AOL to set off on its own path.”

Source: News.com

 

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