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Google Buying Into AOL for $1 billion

Form 8-K for GOOGLE INC.

4:25 pm on Mar 30, 2006 (gmt 0)

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

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Investment by Google in AOL (the "AOL Investment")

Investment. In exchange for $1 billion, we will acquire a 5% equity interest in AOL through an investment in a limited liability company ("HoldCo") that will own all of the outstanding equity interests in AOL.

SEC Filing [biz.yahoo.com]