Time Warner, AOL to merge

Time Warner, AOL to merge

NEW YORK, United States - Steve Case (L), chairman and chief executive officer (CEO) of America Online Inc., and Gerald Levin, chairman and CEO of Time Warner Inc., speak to reporters at a press conference on Jan. 10 in New York, where the two companies announced they have agreed to merge on an equal basis to become the world's first Internet-age media and communications company. The new company, to be called AOL Time Warner Inc., will have a stock value of 350 billion dollars, and combined revenues of more than 30 billion dollars a year.

  • Product Code
  • ILEA000003704
  • Registered date
  • 2000/1/11 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
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  • 72 dpi
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