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AOL Up as CEO Says Merger May Finally Win OK

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was up 7.7% in midafternoon as CEO

Steve Case

said he expects the company's merger with

Time Warner


to be approved by late December or early January at the latest. Time Warner was up 6.7%. Other Internet stocks were sharply higher.

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rose 9.1%.


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lifted 13%. Internet Index


was up 6.7%.