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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Steve Case says sorry for $200 billion mistake

but it seemed like a good idea at the time.

"In an interview broadcast on Friday," reports Reuters, Case said:



"Yes, I'm sorry I did it," referring to the 2001 merger of Time Warner and AOL.





The deal, known as one of the worst corporate mergers in history, destroyed some $200 billion in shareholder value.



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