AOL Tests Market for Sale of Publishing Unit
From Reuters
AOL Time Warner Inc. is testing the waters for a sale of its book publishing group to help reduce its $26 billion of debt, but industry insiders said it may find interest lukewarm.
A person familiar with the company said AOL is in the early stages of exploring a sale of the book publishing unit.
But media industry insiders said the book publishing unit might not find much interest.
An AOL Time Warner spokeswoman declined to comment.
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