Google is after a stake in AOL, and following an announcement of it being in talks with AOL, its share prices rocketed.[BBC News]Shares in Google surged more than 7% to highs of $435.20 as reports of the talks emerged.
Time Warner has seen its share price plunge since 2000 - sinking from highs above $85 to around $18 currently - and has come under pressure from investors to shake things up.
Last edited by Steve; 18-12-2005 at 07:52 PM.
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Incidentally, at close on Friday, Google's shares were at $430.15. A stock market expert* had the following to say: "holy crap!"
*me
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Is he a trusted source?
Steak isn't the same as stake!!!!!
*/Hint I think you mean 'stake'!
Mmmm..... steak.....
Maybe the CEO of google just fancies a steak in the HQ of AOL?
These rich people can be fussy about what and where they eat!
/excuse lame "joke"
D'oh
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