1 billion dollars

Google Sells Stake in AOL, Loses $717 Million

Mashable!  Mon, 07/27/2009 - 16:39

At the end of 2005, Google made an interesting investment: $1 billion dollars for 5% of AOL.

The move made sense for AOL – it provided it with a ton of new advertising, search, and revenue opportunities via a strong partnership with Google.