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Wednesday, December 03, 2008

EX-AOL CEO'S $$ NOT TIED TO YAHOO!

"Former AOL chief Jonathan Miller is indeed trying to raise money - just not for an acquisition of Yahoo!, as a report yesterday implied.

Rather, two sources close to Miller said he has been talking with private equity firms and sovereign wealth funds about raising capital for Velocity Interactive Group, the investment firm he runs along with former Fox Interactive Media boss Ross Levinsohn."

New York Post
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