Google is the most valuable media company
By agencies   |   Thursday, 09 June 2005, 19:30 IST
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NEW YORK: Google Inc is the most valuable media company in just ten months post-listing. It has overtaken Times Warner Inc. The company’s share price closed at an all-time high at $293.12 on Tuesday, up $2.18 (0.75 percent). Analysts estimate that the share could touch $350. Google has a market capitalization of more than $80 billion. This makes it worthier than any other media company including Time Warner. It may be remembered that AOL purchased Time Warner for $ 106 billion in a hyped deal.

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