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AOL Latin America may cease operations

AOL Latin America, founded as a joint venture between America Online and the Cisneros Group at the start of the Internet bubble in 1998, has since struggled to become profitable.

Unless AOL Latin America finds a buyer for its assets, it will have to close down operations, the Fort Lauderdale, Fla.-based company said in a regulatory filing with the U.S. Securities and Exchange Commission...

Source: CNET News.com - USA
 
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