AOL/Time Warner merger
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Title: AOL/Time Warner merger

Essay Details:

Subject: Business
Author: Richard N
Date: November 2, 2010
Level: University
Grade: B
Length: 3 / 637

Essay text:

It appeared very possible that together, they could dominate access to the Internet. Time Warner had just failed miserably at attempting to move into the digital era and had lost a lot of money. TW was excited at the prospect of taking part in the Internet revolution and was confident that the company would profit greatly from the merger. As a merged company, AOL and Time Warner had to deal with jeers from critics and shareholders who were not convinced the company could succeed. Shortly after the merger was made legal, the U.S. was hit with a recession that rocked the dot-com world. As a result, AOL was not gaining as many subscribers as predicted and lost $98...

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