" writeme += "

" writeme += "" writeme += "" writeme += "" writeme += "

" playme.document.write(writeme); playme.document.close(); if((navigator.appName == "Netscape") && (navigator.appVersion.substring(0,1) >= "3")) {playme.focus();} if((navigator.appName == "Microsoft Internet Explorer") && (navigator.appVersion.substring(0,1) >= "4")) {playme.focus();} if (playme.opener == null) { playme.opener = self; } } function play(vid,neth,netl,realh,reall) { var cm=GetCookie("playbar"); if (cm != null) { //if (cm=="nh" && neth=="t") { cm="hi.asx"; //if(aol||nstr||iebug) { //} else { // showvid('asf',vid+cm); //} } else { if (cm=="nh" && neth!="t") { this.sec=1; pbw(vid,neth,netl,realh,reall); } } if (cm=="nl" && netl=="t") { cm="lo.asx"; //if(aol||nstr||iebug) { //} else { // showvid('asf',vid+cm); //} } else { if (cm=="nl" && netl!="t") { this.sec=1; pbw(vid,neth,netl,realh,reall); } } if (cm=="rh" && realh=="t") { cm="hi.rmm"; if(aol||iebug) { } else { showvid('rm',vid+cm); } } else { if (cm=="rh" && realh!="t") { this.sec=2; pbw(vid,neth,netl,realh,reall); } } if (cm=="rl" && reall=="t") { cm="lo.rmm"; if(aol||iebug) { } else { showvid('rm',vid+cm); } } else { if (cm=="rl" && reall!="t") { this.sec=2; pbw(vid,neth,netl,realh,reall); } } } window.onerror = MSIE; // -->

Fri, Jun 16, 2000
Click Here
real time quotes your portfolio registration help
biz bulletin
Top Performers
Top Perfomers
  Stock of the Day
Tip of the Day
Launch Live Ticker
Fox News Home

Indices Chart
Click on index
for more information
Report: America Online Wants Rest of AOL Europe
LONDON — U.S. Internet giant America Online (AOL) (AOL.N) is negotiating to buy German media company Bertelsmann's (BTGGga.F) 50 percent stake in AOL Europe, The Observer newspaper reported on Sunday.

Citing sources in Germany, The Observer said the talks had been going on for several days and that the impetus for such a deal had come after AOL — which owns the other 50 percent in AOL Europe — merged with Time Warner Inc (TWX.N) last month.

The newspaper said AOL Europe, which announced on Friday that it had increased its subscribers to 3.8 million from 2.8 million last September, was estimated by analysts to be worth some $7 billion.

AOL Europe is Europe's second largest Internet service provider behind Deutsche Telekom AG's (DTEGn.DE) T-Online service, which has more than 4.2 million users.

In a separate Sunday Times article, Chief Executive Andreas Schmidt was quoted as saying that AOL Europe would next month eclipse Freeserve, Britain's top Internet provider, as the biggest Internet service provider (ISP) in the UK.

Schmidt said AOL Europe would take first place after its high-profile one-pence-per-minute advertising campaign and the launch in Britain of Netscape Online, its subscription-free service.

After the AOL/Time Warner merger, speculation had mounted that AOL Europe could be floated, but Schmidt said on January 13 that there were no immediate plans for an initial public offering of the business. The Observer said that by selling its stake in AOL Europe, Bertelsmann would have a war chest that it could use to develop its multimedia operations and invest in Internet start-ups.

More Marketwire More MarketWire News Top of Page

© , News Digital Media, Inc. d/b/a Fox News Online
All rights reserved. Fox News is a registered trademark of 20th Century Fox Film Corp.
Data from Thomson Financial Interactive is subject to the following Privacy Statement

© 2000 Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten, or redistributed.
© 2000 Reuters Ltd. All rights reserved