Bertelsmann exits AOL joint ventures

By 2000-03-20T15:45:00

European media giant Bertelsmann and America Online (AOL) have decided to patch up their differences over AOL's expansion strategy. Under a deal heralded as a $250m "strategic global alliance" Bertelsmann has secured an outlet for its on-line content and has agreed to sell its interests in AOL Europe and AOL ...

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