Steve Case was Wrong

By Paul Kedrosky · Tuesday, December 13, 2005 ·

This is the first straightforward thing I’ve seen from Steve Case in the whole should-AOL-breakup discussion:

We tried to establish a business relationship between AOL and Time Warner Cable in the late 90s. It was hard to do. I thought the merger would make it easier. I was wrong.

Of course, now Steve owns $250mm shares worth of the combined company, and he is an outsider, so unwinding the deal makes complete sense to him. Funny how that goes.

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