Don’t tell anyone: The NY Times and others are reporting that AOL Time Warner has put its book division up for sale in order to reduce its mind-boggling debt load.
The quiet sell-off is the latest consequence of the dizzying reversal of fortune AOL Time Warner has suffered in the two years since AOL bought Time Warner.
Oops. “It’s a quiet sell-off,” according the NY Times. I guess I’ve let the cat out of the bag.