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 Home : Topics : Internet : Google to Buy 5% Of AOL for $1 Billion
Google to Buy 5% Of AOL for $1 Billion
Published on 12/19/05 at 03:03:16 GMT by Andy Alkaline
 
Internet...Google has been the search engine on AOL for several years, but rival Microsoft Corp. made a bid to take its place, offering AOL hundreds of millions in cash annually if it dumped Google for MSN Search. But Thursday night in New York, Google presented Richard D. Parsons, chief executive of AOL parent Time Warner Inc., with a more lucrative proposal that gave AOL numerous ways to grow along with rapidly expanding online ad spending...

Google to Buy 5% Of AOL for $1 Billion
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