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AOL, Time Warner surge in pre-morning trading

Charles Cooper, CNET.com ZDNet.co.uk

Published: 10 Jan 2000 13:01 GMT

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Investors whetting their teeth in advance of the opening bell pushed up shares of both Time Warner and America Online in pre-market trading. Shares of Time Warner soared 30 to trade at 95 on Instinet. AOL stock gained 13 to 85-7/8. The two media giants announced plans early Monday to merge in an all stock deal with a market capitalisation of $350bn (£217bn).

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