AOL to Be Spun Off

It's (almost) really over: Time Warner said this morning that it will buy up the 5 percent of AOL that's owned by Google and then spin off the company. The independent AOL will be led by CEO Tim Armstrong, who came from Google in March.

The struggling AOL advertising and dial-up unit will face life as a standalone, public company, separated from its 2001 merger partner.

Any readers have thoughts on the end of that marriage?

By Terri Rupar  |  May 28, 2009; 11:05 AM ET
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