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Mergers and acquisitions, financial planning and internal audit are some of the things Arthur Minson will be handling as the new EVP and chief financial officer of AOL LLC. What's more important to AOL is Minson's past experience with AOL -- he held a corporate development/finance role -- and the...
Posted on August 28, 2009 2:22 PM
AOL LLC chief executive Tim Armstrong (pictured) is an acquisitive manager. As president of American operations at Google Inc. (NASDAQ:GOOG), where he spent nine years, he led plenty of deals. But still, even Armstrong must have been surprised to see the 900 potential business deals on AOL's hit list soon...
Posted on July 23, 2009 3:12 PM
AOL LLC chief executive Tim Armstrong (pictured) isn't letting his company's spin off from parent Time Warner Inc. (NYSE:TWX) distract him from doing deals. AOL on Thursday acquired Patch Media Corp and Going Inc. Both companies allow users to search for content specific to local communities, an area that will be...
Posted on June 11, 2009 3:56 PM
AOL LLC chief executive Tim Armstrong (pictured) was involved in plenty of deals during his nine-year career at Google Inc. (NASDAQ:GOOG). And Michael Adair, who headed North American sales finance at the search giant for four-and-a-half years worked with him on many of them. So we were happy to get...
Posted on June 3, 2009 11:16 AM
There were many events leading to Time Warner Inc.'s (NYSE:TWX) spinoff of Internet unit AOL LLC -- reversing a $180 billion merger -- and we've compiled quite a bit of info. It was three years ago former TW chief Richard Parsons thwarted activist investor Carl Icahn's bid to split off...
Posted on May 28, 2009 1:00 PM
Time Warner Inc. (NYSE:TWX) offered up details Thursday on its planned spin off of AOL LLC. As we noted on Wednesday, Time Warner chief executive Jeff Bewkes has made no secret that he favored a legal separation as the best way to boost Time Warner and revive a struggling AOL. (This...
Posted on May 28, 2009 8:51 AM
Time Warner Inc.'s (NYSE:TW) AOL LLC unit has lured another executive away from Google Inc. (NASDAQ:GOOG). AOL announced Thursday it has hired Jeff Levick as president of global advertising and strategy. Levick (pictured) previously headed industry development and marketing at Google, and he replaces Greg Coleman, who had been president of...
Posted on April 30, 2009 1:35 PM
Proponents of an AOL LLC sale or spinoff got another sign that Time Warner Inc. (NYSE:TWX) may do just that with the beleaguered Internet unit. Clearing the way for such an event, bondholders approved an amendment for outstanding debt of $12.3 billion. Each bondholder who gave consent will receive $5...
Posted on April 17, 2009 9:48 AM
Time Warner Inc. (NYSE:TWX) shook the head of its AOL LLC unit, replacing chairman and CEO Randy Falco and president and COO Ron Grant with nine-year Google Inc. (NASDAQ:GOOG) vet Tim Armstrong. In a statement, Web advertising expert Armstrong said, "AOL and Google have been partners for years and...
Posted on March 13, 2009 9:47 AM
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