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NEW YORK, USA: Time Warner Inc subsidiary AOL said on Thursday that it expects to take $200 million in restructuring charges after its planned spin-off from Time Warner.
AOL said it would incur substantially all of the charges from the date of the spin-off, due to take place in the current quarter, and through the first half of 2010.
AOL said the charges relate to "additional restructuring activities" but did not elaborate further in a filing made with the U.S. Securities and Exchange Commission.
