After Yahoo, now it’s AOL which is open for a deal. The Time Warner company America Online acknowledged the weakness in business and is now open for combining AOL with any company which could provide the strongest and the most valuable configuration.
It should be noted that Chief Executive Officer, Jeffrey Bewkes had informed in February 2008 that Time Warner would give away AOL’s dying subscription business from the online content and advertising side.
Erick had reported that “this is code for a sale or IPO, or both. Time Warner should sell off the access business to a private equity shop and go full-steam ahead with its IPO plans for Platform A.”