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May 27, 2003
WHERE IS GILDA RADNER WHEN YOU NEED HER?
As Yogi Berra might have said: "If she were alive, she'd be turning over in her grave."
Apparently Steve Case is bowing to reality and leaning towards spinning off AOL, thus undoing the oh-so-successful AOL-Time Warner merger.
All together now - "Nevermind!"
Posted by Dr. Manhattan at 2:23 PM | Permalink
Comments
Dave Barry, writing a few years ago, captured the essence of this deal:
"Successful people do not waste time reading. Busy corporate honchos prefer to look at 'executive summaries,' which contain few, if any, words. The largest business merger in history - the $160 billion acquisition of Time Warner by America Online - was approved by both boards of directors based solely on a crayon drawing of a duck eating a frog."
Posted by: Crank | May 29, 2003 11:18 AM