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AOL TimeWarner Reports Loss of Nearly $100 Billion ! | |
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| Time: 20:51 EST/01:51 GMT | News Source: Washington Post | Posted By: Adrian Latinak | ||
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AOL Time Warner Inc., the world's largest media company, on Wednesday posted a 2002 loss of nearly $100 billion, the largest annual loss in U.S. corporate history, after taking a whopping $45.5 billion charge in the fourth quarter to write down the value of assets. | ||
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