January 10.2000-AOL marriage of Time Warner
January 10, 2000 (JiMao the twelfth lunar month, the fourth day), America Online marriage of Time Warner.
2000, AOL and Time Warner merger, the formation of the AOL - Time Warner Company ". This is a large Group of the Internet and the media industry. The major news, soon to become U.S. television, radio, Internet headlines. (L $ jτ.cń) U.S. media said, "This is a milestone in the Internet age," may be the development of the Internet world is so far the most significant event ".
According to reports, in October 1999, AOL president of Case First to Time Warner suggestions After a series of bargaining, the two sides leading figures of five hours of secret meeting was held on the 6th, and finally reached a compromise to finalize the deal. Holding 55% of the new company after the merger, AOL Time Warner holding 45%, served as president of the new company by Case, chief executive officer by the Time Warner boss Levin dominated. The value of the new company will reach $ 350 billion, the equivalent of Mexico, (l $ jτ.cń) Pakistan's gross domestic product (GDP).
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