The Ancient Mariner and Time Warner have a lot in common: an albatross. The Big Media company said today it will finally spin off AOL on December 9th. The online company will start trading a day later on the New York Stock Exchange under the symbol “AOL.” Time Warner shareholders as of November 27th will receive one share of AOL stock for every 11 shares of TW.
Time Warner To Lose Its Albatross Dec. 9
What's Hot on Deadline
'Fate Of The Furious' Will Win Third Weekend Lap With $20M, But It's 'Baahubali 2' That's Surprising - Box Office
Director Jim Sheridan's Next: 'H-Block' Coming Together With Cillian Murphy, Jamie Dornan, Pierce Brosnan