ADVISORY/AOL and Time Warner Announce Merger.Business Editors ADVISORY... --(BUSINESS WIRE)--Jan. 10, 2000 TOPIC: America Online See AOL. is acquiring Time Warner, in a $166 billion stock deal that could be the largest corporate merger in history, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. . The new company, to be called AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner, is reportedly valued at $350 billion. Experts say the merger will reinvent and assure the Internet's presence in the media of the future. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: James Rutherfurd is executive vice president, Investment Banking, Veronis, Suhler & Associates. His clients have ranged across many segments of the media and communications industry, including newspapers, television, cable, magazines, books, radio, information services See Information Systems. , Internet services, and entertainment. 212-756-0428 farinj@veronissuhler.com Richard Torre is president of Global Capital Markets, California's largest financial intermediary Financial Intermediary An institution that acts as the middleman between investors and firms raising funds. Often referred to as financial institutions. Notes: This can include chartered banks, insurance companies, investment dealers, mutual funds, and pension funds. . Torre has more than 20 years of diversified global business experience, engineering numerous mergers, acquisitions and financing opportunities. He can speak on international and domestic economic trends, globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation and the long-range impact of mergers and acquisitions. 949-252-4600 dt@globalcapitalmarkets.com Denis Denis, king of Portugal: see Diniz. Picard is global leader, Mergers & Acquisitions Risk Service, PricewaterhouseCoopers, LLP LLP - Lower Layer Protocol . Picard is recognized as an authority on issues dealing with managing risks associated with mergers, acquisitions and divestitures. His clients include large and mid-sized companies in the consumer and industrial products, technology, information/communications, entertainment, services, energy and mining, and financial industries 781-238-5833 erika_schonberg@lpp.com Professor Luke Froeb of the Owen Graduate School of Management at the Vanderbilt University School of Business is an expert on mergers and antitrust. 615-343-6009 William J. Carney of the Emory University Law School is an expert on mergers & acquisitions, and corporate finance. 404-727-6807 404-727-6123 Richard Dorfman is managing director, Richard Alan Incorporated. Since 1987, Richard Dorfman has provided merger, acquisition and capital raising services for emerging growth companies. He specializes in the following industries: Information Services and Software, Electronic Publishing, Internet/New Media, Traditional Media and Entertainment. 212-581-5821 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource. Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information. |
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