Tuesday, 28 July 2009

Google Sells Stake in AOL Loses 717 Million

The sale means that Google, in total, lost $717 million as a pure investment.

This doesn't include the value it generated in its search partnership, but we're willing to bet it wasn't worth more than $700 million. It also places AOL at a valuation of $5.7 billion, a far cry from its peak during the first dot com boom.


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