Merger

Free Term Paper - Management Issues of AOL duration Warner the States Online was founded in 1985 in Dulles, Virginia. the States Online is the worlds leader in interactional services, network products, net income technologies, and e-commerce related products and services. America Online operates with two cosmopolitan net services: America Online, with members special 20 one million million million, CompuServe, with to a great extent than 2.3 million members and several other all important(p) Internet brands. Today, widely distributed membership of the AOL service has crossed 29 million and members be averaging almost 70 minutes online. On January 10, 2000 America Online and date Warner announced a nuclear fusion chemical reaction to build a whole integrated media and communications alliance for the Internet generation in a stock combination valued at $350 billion, named AOL judgment of conviction Warner with total revenues exceeding $30 billion. The merger com bines condemnation Warners wide range of media, pleasure and news brands and its advanced broadband lecture systems with America Onlines far-flung Internet services, technology and infrastructure, including premier consumer online products, a huge fellowship in cyberspace. Currently AOL Time Warner operates in 18 countries. Steve Case, president of the board of AOL Time Warner, stated during the merger: Steve Case plays an important role in building and jumper lead AOL Time Warner, snaping mainly on the knowledges and policy initiatives impetuous the worldwide development. Richard D. Parsons, previously Time Warners President, is now AOL Time Warners CEO. He sets the companys plan and handles the way related issues of the company. Order your custom explore papers and call papers now! Less than tierce weeks after approval of its US$106 billion merger, media leader AOL Time Warner fired 2,400 employees. tally to Time Warner these changes will enhance the foc us of company, capture synergies for develop! ment and strengthen the integration of company. Hardest hit by the cutbacks were...If you want to furbish up a full essay, order it on our website: OrderCustomPaper.com

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