- Nov 19, 2001
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In 1987, it was announced that Warner Communications and Time Inc. were to merge. The last thing Warner did before the merger closed in 1989 was to buy out Lorimar-Telepictures. In early 1990, the combined companies were named Time Warner. This company subsequently acquired Ted Turner's Turner Broadcasting System in October 1996.
Originally posted by: PlatinumGold
when Time Warner merged (or was bought out by) AOL.
Worst thing to ever happen to Time Warner. AOL Singlehandedly almost brought the company down.
