AOL Makes Good Intertubes

Help Topics
-How to Disconnect
-Get 100% Refund from AOL
-Stop Billing AOL
-Cancel AOL
-Can't Check AOL Mail
-Too Much Spam
-Why AOL Bills Phones
-Telephone AOL
-Disconnect AOL
-Chat
-Free AOL Dating
-Parenting
-News
-Investments
-Toolbar
-Web Hosting
-Help


TOP NEWS

AOL Sells 36% Share in Nigerian Government

AOL sells stake in Nigerian GovtAOL/Time-Warner have long sought a wide variety of investment and market opportunities to bolster and diversify their investment portfolio. Much as Paul Allen bought, and later sold his stake in AOL, AOL has found this to be the right time to divest their controlling interest in the Nigerian national government.

AOL spokesman Harold Thumo says, "we bought in at a good price, had a couple of side deals lined up for exporting goods, boosting tourism and getting some foreign seed money in there," but adds, "we feel our ability to streamline the operation for maximum profit has reached a place where we can't help it anymore."

Skeptics have pointed to Nigeria's ability to fleece more Americans for non-existent goods and services to still exceed that of AOL, and points to this as a very prominant reason for ending the partnership.

The value of stock in the Nigerian government has climbed steadily since AOL's investment in it in 1998. From an initial share price of 26-shares per goat, to $14.46 (real, American) dollars per share.

AOL is a publicly traded company, with assets in excess of 3K'Jillion dollars.


Other Top Stories

  • Will AOL Buy Your Blog?
  • AOL Deletes GlossyNews.com
  • Time-Warner Acquires Tony Hawk
  • Ebay User Gets $9,214 for AOL 1.0 Startup Disc
  • AOL Sells 36% Share in Nigerian Government

  • Also, check out our complete, up to the minute news roundup, featuring only the finest, freshest news stories from around the globe.

    email this page to a friend

    Didn't find what you were looking for? Search here:


    (official breaking news)


    Search Here
    Custom Search



    Valuable Sites
  • Montana Tourism
  • Seattle CNA Training
  • Opinion/Editorial News
  • Coulee City Electrician
  • Time Warner
  • Puerto Rico News
  • Comedy Fake News
  • Pimp Central
  • Child Labor
  • ©2004-2011 GlossyNews.com. All Rights Reserved.

    Site Map | America Online, Inc. | AOL International | Join AOL | Member Services | Download AOL | Disclaimer | Satire Disclaimer
    Accessibility Policy | 100% AOL Refund | Make Donation | Get Help | Piracy Policy | Unsolicited Bulk E-Mail Policy | Advertise With Us