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Microsoft, AOL Prepare for War Over AT&T Broadband | |
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| Time: 11:33 EST/16:33 GMT | News Source: Reuters | Posted By: Robert Stein | ||
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NEW YORK (Reuters) - A growing grudge match between arch-rivals Microsoft Corp. (Nasdaq:MSFT - news) and AOL Time Warner (NYSE:AOL - news) has spilled over into the cable arena, as each company jockeys to ensure AT&T Broadband doesn't end up in the other's hands. Microsoft essentially hedged its bets Monday, participating in two of the three takeover bids made for the No. 1 U.S. cable company, sources familiar with the situation said. | ||
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