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Time Warner Inc. earlier this month bought back the 5% stake Google Inc. owned in AOL for $283 million, according to a document filed on Monday with the Securities and Exchange Commission.
The document, filed by AOL in preparation for its spinoff from Time Warner, also cites compensation details for Tim Armstrong. Mr. Armstrong is the Google ad sales executive Time Warner recently recruited as chief executive of AOL.
[edited by: tedster at 7:18 am (utc) on July 28, 2009]
[edit reason] fix the quote box [/edit]