NEW YORK -- Time Warner Inc. may consider spinning off its America Online division in the future to help finance acquisitions, chief executive Richard D. Parsons said.
Time Warner has discussed with management of Dulles-based AOL the possibility of selling shares of the unit in an initial public offering and decided not to go ahead with such a plan "at this point," Parsons, 57, told investors today at the company's annual meeting in New York.
