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Monday, November 16, 2009

AOL to Spin Off Dec. 9, Begin Trading Dec. 10 (Plus Full Press Release)

AOL splits from Time Warner

AOL will officially be spun off from Time Warner on Dec. 9, with trading to begin the next day.

Shareholders of record at 5 pm ET on Nov. 27 will get one share of AOL for every 11 shares of Time Warner on the day of the long-expected spinoff of the Internet service.

AOL will trade on the New York Stock Exchange as “AOL,” just like the old days. Unlike the old days: Time Warner has given the company an implied valuation of a little more than $3 billion.

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Monday, March 9, 2009

Microsoft Gets Brainy New Board Member: Maria Klawe (and Announces 13-Cent Dividend)

mariaklawe

Maria Klawe, the president of Harvey Mudd College, has just been named as the 10th member of the Microsoft board.

The company also announced a quarterly dividend of 13 cents per share, payable June 18, 2009, to shareholders of record on May 21, 2009.

Klawe’s appointment is interesting. She is rather sharp–what a shock–according to her bio, which lists impressive credits as a computer scientist.

More importantly, Klawe said she will try to get Microsoft to focus more on gender issues in the computing industry.

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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