Short Take: America Online holders file to sell shares

America Online filed a shelf registration with the Securities and Exchange Commission stating that some of its shareholders put up for sale as many as 1,006,942 common shares, according to a Reuters report. Among the largest selling shareholders was AT&T, which offered 480,786 shares for sale. AOL said the stock sale is not being underwritten.

Paul Festa Staff Writer, CNET News.com

Paul Festa

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Paul Festa

Feb. 18, 1997 11:30 a.m. PT

filed a shelf registration with the Securities and Exchange Commission stating that some of its shareholders put up for sale as many as 1,006,942 common shares, according to a Reuters report. Among the largest selling shareholders was AT&T, which offered 480,786 shares for sale. AOL said the stock sale is not being underwritten.