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AOL founder resigns from Time Warner - ASHARQ AL-AWSAT English Archive
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NEW YORK (Reuters) -Steve Case, the founder of AOL, on Monday said he has resigned from the board of Time Warner Inc. ending a painful chapter in the history of the world”s largest media company.

Case was one of the original architects of the merger of AOL and Time Warner, which helped erase more than $200 billion in shareholder value from the stock.

In a statement, Case said he was leaving to devote more time to his new company, Revolution.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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