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AOL buys $22 million in Google shares

7.4 million shares

     

Jenstar

5:32 pm on May 12, 2004 (gmt 0)

WebmasterWorld Senior Member jenstar is a WebmasterWorld Top Contributor of All Time 10+ Year Member



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)

WebmasterWorld Senior Member 10+ Year Member



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

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