Google dumps AOL investment

Nibble Cashes in

By Nick Farrell

Thu Feb 05 2009, 12:04

SEARCH outfit Google is cashing in its $1 billion investment in AOL.

Google had five per cent of AOL which included a deal on advertising, instant messaging and video. With the fall in the cost of shares Google's stake which it bought a couple of years ago is only worth $726 million. µ

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Google dumps AOL investment

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