Time Warner Expects Full AOL Spin-Off in Near Future

by Benjamin Domenech on 10:50 am April 29, 2009

Time Warner Inc. said it anticipates spinning off all or parts of its troubled AOL unit, although the company cautioned its board has not made a final decision yet. Time Warner said in a securities filing that it expects to start a process to spin off “one or more parts of the businesses of AOL to Time Warner’s stockholders, in one or a series of transactions.” The company said in the filing that it also continues to review strategic options for AOL, and it may yet pursue an alternative other than a spinoff of AOL.

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