Friday, August 27, 2010

Three contention contracting offers to buy AOLs ICQ: inform

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MOSCOW (Reuters) - Russia"s ProfMedia and DST as well as China"s Tencent have submitted contracting offers to buy AOL"s instant-messaging use ICQ, commercial operation every day Vedomosti reported on Tuesday.

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AOL was spun off from Time Warner Inc last Dec and is now offered non-core assets, together with ICQ that is reportedly valued at up to $300 million.

Vedomosti quoted unnamed sources as observant the 3 companies had submitted contracting offers. It pronounced DST and ProfMedia declined to comment, whilst AOL and Tencent did not lapse calls.

(Reporting by Maria Kiselyova; Editing by Mike Nesbit)

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