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AOL TW books $54bn charge

The Guardian | AOL pays price of boom years with $54bn write-off

AOL Time Warner will take a $54bn (£38bn) charge, the largest on record, to reflect the crumbling values of media companies since the group was formed through a blockbusting merger little more than a year ago.

Posted by Guan Yang on March 26, 2002 06:14 AM |

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