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Fools Rush In: Steve Case, Jerry Levin, & the Unmaking of AOL Time Warner
Fools Rush In: Steve Case, Jerry Levin, & the Unmaking of AOL Time Warner
Our Price: $27.00
Year: 2004
Pages: 352
Binding Hardcover
ISBN 60540346

Product Code: 756788102

Nina Munk (au). On Jan. 10, 2000, America Online (AOL) announced that it was buying Time Warner for $163 billion. The biggest merger ever, it was called “the deal of the century.” An Internet upstart, AOL was buying the world’s most powerful media & entertainment co. Two years later,  $200 billion of shareholder value had vanished. On the trail of possible fraud, the SEC & the Justice Dept. started investigating AOL Time Warner’s account. practices. Meanwhile, a civil war had broken out inside the co. Soon almost every major player was out of the co., discredited, & humiliated -- Jerry Levin, Steve Case, Bob Pittman, & Ted Turner. This is the definitive account of one of the greatest fiascos in the history of corp. Amer. Lays out, step by step, the anatomy of a debacle. Photos.

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