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AOL buys $22 million in Google shares

7.4 million shares

     
5:32 pm on May 12, 2004 (gmt 0)

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Time Warner might be looking a bit more kindly upon its AOL subsidiary today. The company has just exercised its options to buy 7.4 million Google shares, or three per cent of the company, for $22 million.

[pcpro.co.uk...]

Tor

5:36 pm on May 12, 2004 (gmt 0)

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That`s what I call a decent return on investment. ;)