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Here's one merger idea AOL won't catch grief for.

The company announced Thursday it had quit its effort to combine CNN with


(DIS) - Get Free Report

ABC News.

AOL Time Warner


concluded that the proposed CNN-ABC joint venture would be too difficult to operate.

"After careful review, it was determined that although there are great merits and possibilities to a merger of CNN and ABC News, for us, the potential problems associated with the completion of such a transaction and the integration of these two distinct and great cultures was more than we want to pursue at this time," an AOL statement said.