New York – Suitors for AOL’s (NYSE: AOL) ICQ instant messaging service
are down to three companies, Reuters reported, citing the Russian business
Russia-based ProfMedia and Digital Sky Technologies, as well
as China-based Tencent all have submitted binding offers for the unit, which
reportedly has been valued at around $300 million.
AOL, which separated from
former parent Time Warner in December, recently has been trying to shed some of
its non-core properties, selling affiliate marketing network Buy.at and
reportedly shopping Bebo, ICQ and video site Truveo, among others.