Royal Bank of Canada Sells Stake in AOL Canada, Reuters, 10 Mar 2005

“Royal Bank of Canada, in an ongoing realignment effort to focus on its core businesses, sold its stake in AOL Canada to the Internet service provider's parent. Financial terms were not disclosed, but the sale provides America Online Inc. with full ownership of AOL Canada. America Online and Royal Bank formed a strategic alliance in 1999 when AOL Canada was launched as a separate service. At the time, America Online, now a unit of the world's largest media company Time Warner Inc., held an 80 percent equity stake in the Canadian unit.�

Full story at http://news.yahoo.com/news?tmpl=story&u=/nm/20050310/wl_canada_nm/canada_financial_royalbankofaol_col_1