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Aol tw sells 2bil Original Source Link: (May no longer be active)    http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030214/media_nm/aoltimewarner_1 http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030214/media_nm/aoltimewarner_1 Yahoo! News Fri, Feb 14, 2003 AOL TW to sell up to $2.3 bil in stock Fri Feb 14, 4:03 AM ET Add Entertainment - Reuters/Variety Industry to My Yahoo! NEW YORK (Variety) - AOL Time Warner Thursday took steps to untangle its balance sheet, filing registration statements with the Securities & Exchange Commission to sell up to $2.3 billion of securities to fulfill previous financial commitments. Some $1.5 billion worth of shares will go to Comcast Corp. as part of the restructuring of their Time Warner Entertainment partnership. AOL TW also needs $812 billion to buy a stake in AOL Europe that is owned by Vivendi Universal. AOL TW hasn't decided yet if it will pay Vivendi in cash or stock. AOL TW chairman Richard Parsons warned investors several weeks ago that the company would have to increase its already hefty $26 billion debt load this year to meet previous obligations including Comcast, Vivendi and the construction of the new AOL Time Warner headquarters in Columbus Circle. A so-called shelf registration with the SEC formalizes a company's intention to sell securities, but doesn't mean a transaction must take place or that it must sell all the shares it filed for. AOL TW shares slipped under the benchmark $10 mark to $9.90 in early trading on the New York Stock Exchange (news - web sites) before closing down 1.7% at $10.15. Reuters/Variety

100b losses { January 29 2003 } Accounting appropriate { July 18 2002 } Aol boss sold shares Aol discloses sec probe { July 25 2002 } Aol exec Aol hard to cancel { September 24 2003 } Aol losses 1m subscribers { June 4 2003 } Aol plans big cuts { January 10 2003 } Aol probe continues { March 29 2003 } Aol purchasepro fool investors { September 24 2003 } Aol subscribers down 846 000 { July 24 2003 } Aol time warner eliminate aol from name Aol tw blackhole { April 29 2002 } Aol tw sells 2bil Case quits { January 13 2003 } Crimimal probe { August 1 2002 } End of 2004 loses 646 thousand subscribers { December 7 2004 } Fbi continues aol probe Justice investigates aol Levin aol More sec probing { April 22 2003 } Oust case { September 17 2002 } Profits to plunge Steve case showdown { July 21 2002 } Time warner drops aol name { October 13 2003 } Turner fights case Turner levin aol { June 4 2002 } Turner retired Turner sold 5m { February 7 2003 } Turner take aol { September 18 2002 } Turner un { November 20 2001 } Unconventional { July 18 2002 } Wheres steve case { July 19 2002 } Wont rebound till 2004 { December 4 2002 } Files Listed: 34

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