New York – Suitors for AOL’s (NYSE:  AOL) ICQ instant messaging service
are down to three companies, Reuters reported, citing the Russian business
daily Vedomosti.

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 and
reportedly shopping Bebo, ICQ and video site Truveo, among others.


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