Time Warner Is Set to Separate AOL -
: "Time Warner Inc. is set to announce a separation of its AOL division as soon as Thursday, according to people familiar with the matter.
Time Warner Chief Executive Jeff Bewkes has signaled for months that Time Warner was likely to move forward without the Internet unit, and the company said last month it expected to spin off all or parts of the business"
Thursday, May 28, 2009
at 10:50 AM