Time Warner's purchase of bucket-shop ISP AOL in January 2000...
Uhm, got to correct you on this... AOL bought TW
In 2000, a new company called AOL Time Warner, with Steve Case as chairman, was created when AOL purchased Time Warner for US$164 billion.[11] The deal, announced on 10 January 2000[12] and officially filed on 11 February 2000,[13] employed a merger structure in which each original company merged into a newly created entity. The Federal Trade Commission cleared the deal on December 14, 2000,[14] and gave final approval on January 11, 2001;