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Ted Turner Unloads More Shares of AOL

IN BRIEF/ MEDIA

February 28, 2003|From Associated Press

Outgoing AOL Time Warner Inc. Vice Chairman Ted Turner sold more than 5 million additional shares of the company's common stock on Monday, according to a regulatory filing.

Turner now directly owns 107.2 million common shares and indirectly 10.6 million common shares, including 7.8 million through Turner Partners.

Shares of New York-based AOL Time Warner were up 47 cents to $10.74 on the NYSE.

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