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AOL Sees $200 Million Charges After Spin-off
Published: Thursday, 12 Nov 2009 | 9:48 AM ET
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By: Reuters

Time Warner subsidiary AOL said Thursday that it expects to take $200 million in restructuring charges after its planned spin-off from Time Warner.

AOL said it would incur substantially all of the charges from the date of the spin-off, due to take place in the current quarter, and through the first half of 2010.

AOL said the charges relate to "additional restructuring activities" but did not elaborate further in a filing made with the U.S. Securities and Exchange Commission.

Copyright 2009 Reuters. Click for restrictions.
Topics:Television | Media
Sectors:Media
Companies:Time Warner Inc
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