John Malone Open to AOL Deal

Aug 12, 2008  •  Post A Comment

Cable deal-making legend and Liberty Media CEO John Malone is open to taking AOL’s dial-up Web access business off Time Warner Inc.’s hands in exchange for his 2.8% stake in the media conglomerate, the Wall Street Journal reports. Liberty executives also said regulators may frown upon a merger between the company’s DirecTV Group satellite-TV unit and rival EchoStar’s Dish business, the Journal says. Liberty Media yesterday reported rising sales across its three businesses and in an earnings conference call Malone noted there was no AOL deal currentlyon the table.

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