Sign up for the ITPro Today newsletter
Stay on top of the IT universe with commentary, news analysis, how-to's, and tips delivered to your inbox daily.
CompuServe rejects AOL purchase offer
The board of directors at CompuServe has turned down a bid by America Online (AOL) to purchase the online service. Apparently, AOL was offeringCompuServe about $1 billion. With AOL out of the way, new investors arelining up, including a New York
Paul Thurrott
July 6, 1997
1 Min Read
The board of directors at CompuServe has turned down a bid by America Online (AOL) to purchase the online service. Apparently, AOL was offeringCompuServe about $1 billion. With AOL out of the way, new investors arelining up, including a New York investment firm that will attempt to outbidAOL.
CompuServe has fallen on hard times lately with falling subscriber numbersand flat earnings. Last quarter, the company posted a $18 million loss
About the Author
You May Also Like
.jpg?width=700&auto=webp&quality=80&disable=upscale)
