America Online


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America Online

An Internet company that was instrumental in bringing online services to the public. It provided an online community through its software that allowed customers to share information and communicate with each other. Eventually, AOL provided access to the Internet as a whole. At one time, 30 million people in the United States alone received their Internet connection through AOL.
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This contract with America Online is a major milestone for Portal Software and clearly demonstrates our ability to support the largest, most innovative market-leading companies," said John Little, president and CEO of Portal Software, Inc.
Under the agreement, Six Flags will promote America Online across its off-line marketing channels, will incorporate AOL sponsorship of certain rides and attractions and will promote the America Online keyword, ``Six Flags,'' in its television advertising.
Speculation that America Online was the bidder, previously fueled by a report in The Washington Post, was revived Monday when The Wall Street Journal, citing unnamed sources, reported that the two companies were hammering out a $1.
The congestion began early last month after America Online, in an ambitious bid for further growth, started to charge customers a flat $19.
95 monthly fee marks a turnaround for America Online, which recently offered the $19.
Things went well for America Online on its first day of trading on the Big Board, with its shares closing at $29, up $2.
Berger of New York and other lawyers representing America Online customers said the settlement had received preliminary approval by the San Francisco Superior Court.

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