the business case of AOL-Time Warner
After the sensational acquisition of a blue chip representative of the old economy, Time Warner, by AOL, a representative of the new economy, nothing seems to be Holy anymore. Nobody can deny that the world in the last years has changed drastically. We seem to be in the grip of a new power concentration in which future market strengths online may count more than shareholders' value in the short term. Not only do entrepreneurs promote this thinking, but much of the well-known "solid" financial world does as well. Are we definitely facing a new value model or are we working on a new concept for the emperor without clothes? That is a question we will try to answer in this article, along with another - Is a crisis already close-at-hand or will we maintain e...
