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Conglomerate. >> the aol-time warner merger was the classic dotcom insanity. >> $160 billion. the biggest corporate takeover ever. >> this merger will launch the next internet revolution. >> the merger of time warner and aol wasn't really a merger. it was a purchase. >> i am struck by this image today of the upstart aol gobbling up this media institution time warner. shouldn't it be the other way around? >> well, it's sort of startling that a company tt couldn't even buy beer is now buying one of the oldest media companies in the country that took a century to get this big. >> we're just scrat...

>> the aol-time warner merger was the classic dotcom insanity. >> $160 billion. the biggest corporate takeover ever. >> this merger will launch the next internet revolution. >> the merger of time warner and aol wasn't really a merger. it was a purchase. >> i am struck by this image today of the upstart aol gobbling up this media institution time warner. shouldn't it be the other way around? >> well, it's sort of startling that a company that couldn't even buy beer is now buying one of the oldest media companies in the country that took a century to get this big. >> we're just scratching the su...

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