AOL Latin America gets US$160M in financing

ITworld.com –

America Online Latin America Inc. (AOLA) is getting financing that, along with existing cash in its coffers, will allow it to fund its operations until the end of this year, the Fort Lauderdale, Florida-based company announced Monday.

AOL Time Warner Inc. will extend up to US$160 million in debt financing to the company, AOLA said.

AOLA offers its proprietary online service in Brazil, M

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