The Onion

AOL Acquires Time-Warner In Largest-Ever Expenditure Of Pretend Internet Money

January 19, 2000 | Issue 36•01

DULLES, VA–In the largest merger of imaginary assets in corporate history, Internet giant America Online last week acquired media megacorp Time-Warner for an unprecedented $161 billion in pretend money. "This merger will revolutionize the way invisible amounts of non-existent cash are transferred," said Steve Case of AOL, a company whose actual revenues are a tiny fraction of its make-believe valuation. In an effort to keep pace with AOL, website blairwitchproject.com is expected to acquire General Motors sometime later this week.

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