AOL/Time Warner Decision Next Week
Reuters is reporting that a decision on the AOL-Time Warner merger is expected sometime next week. The Washington Post first picked up the story, quoting various unnamed sources as saying "that they will budge no further on concessions to satisfy regulatory concerns." The industry could see a decision as early as Wednesday, but more likely Thursday will show the fate of the proposed merger. AOL CEO Steve Case expects the deal to be closed by the end of this year, and went on to tell reporters "We're in the home stretch, and we think it will be approved soon. We're in the last stages with the FTC."
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