Time Warner Inc. holders will get one share of AOL Inc. for each 11 shares of Time Warner they own as the planned spinoff will take place Dec. 9.
As an independent company, AOL will refocus on technology, online media content and branded display advertising in a bid to capture marketing
Sorry this is premium content. To read news articles more than 7-days old you need a subscription,
or you can use pay-per-view to access this article. For subscription options, click
HERE.
This content is delayed by at least 1 hour from original time of publishing