Google shares a 5 per cent stake in AOL

August 11th, 2008 - 11:28 am ICT by Amrit Rashmisrisethi  

Time Warner Inc’s AOL is worth less than the $1 billion, which the Google Inc’s shares a 5 percent stake, than the 1 billion the company paid in the year 2006.
“We believe our investment in AOL may be impaired,” Google said. It is known , in future Google will continue to review its investment and will also require the financial ups and downs.

In December 2005, a deal was announced and the particular year , the deal was closed. It was since , Google paid $1 billion in cash for a 5 percent for the Aol stake indirectly.

Now , Time Warner is thinking how to dispose AOL for the media focus because they also plan to spilt up AOL’s dial-up , by 2009 from the advertising business.

In the second quarter of sales advertising and also from the web search of “” which affected sites like and also,and Google also generated $1.77 billion in cash. Google which had $1 billion investment and had $12.7 billion in cash on June 30.

It is estimated that Google gets $70 million to $80 million from AOL for the search advertisement services and also for the unwanted risk rival.

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