I’m told that a billion dollars is quite a bit of money. I wonder what these guys are up to? Starting a new country? Flying to Jupiter? Building the world’s biggest superball to see how far it’ll bounce? Or maybe that’s just the sort of stuff I’d find to do with that kind of cash in hand. Anyway, The Associated Press (via The Houston Chronicle) reports:
Google Inc. said Thursday it expects to complete its $1 billion investment in America Online during the second quarter, slightly later than the two popular Web sites originally anticipated.
When the online search engine leader announced its plan to buy a 5 percent stake in AOL three months ago, the two sides predicted the $1 billion would be invested before the end of March. Mountain View, Calif.-based Google now expects to make the investment some time during the three months ending in June, according to a Securities and Exchange Commission filing.
The SEC documents didn’t specify the reasons for the delay, but indicated Google and AOL need additional time to work out the final details of their expanded alliance…