CNN, ABC News Merger Stalled
from the so-complex dept
Back in September we reported the rumore that ABCNews and CNN would merge their news divisions in order to better take on rivals like NBC/MSNBC and Fox/FoxNews. However, now, AOL-Time Warner is saying the deal has been put on hold because it's too complex. I don't think that's true. Complexities on how to merge organizations can be worked out. The deal has been put on hold because someone isn't happy about how the money will shake out.
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