AOL/Time Warner - FCC Approval Close
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The Wall Street Journal is reporting that the Federal Communications Commission is close to its approval of the multibillion dollar merger between AOL and Time Warner, all without restrictions that are currently being debated. People close to the process told the journal it could come as early as Wednesday, over one year after the $94 billion merger was announced. One condition of the deal that is expected is for AOL to open its instant messaging for its competitors as features and improvements are added. For more information visit the Wall Street Journal.