Link reblogged from Give Me Something To Read
A decade ago, America Online merged with Time Warner in a deal valued at a stunning $350 billion. It was then, and is now, the largest merger in American business history. The Internet, it was believed, was soon to vaporize mainstream media business models on the spot. America Online’s frothy stock price made it worth twice as much as Time Warner’s with less than half the cash flow.
(Thanks, 2arrs, 2ells)
I’m famous!
Source: givemesomethingtoread
