AOL Time Warner Merger Doesn't Add Up
from the numbers-don't-look-good dept
The Washington Post takes a look (in retrospect) of the AOL Time Warner merger and decides that it was a big mistake. The only people who might have made out well were AOL shareholders – whose shares are probably worth more, because of Time Warner, than they would have otherwise. I think that everyone knew at the time that Time Warner was really the more valuable piece of the puzzle – but I don’t think the two companies have done a very good job leveraging each other.