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* Stake sale values AOL at about $5.7 billion
* Time Warner bought stake from Google on July 8 (Adds analyst comments, details on original Google deal)
NEW YORK, July 27 (Reuters) - Time Warner Inc (TWX.N) paid $283 million for Google Inc's (GOOG.O) 5 percent stake in AOL, the Internet company said in a U.S. regulatory filing on Monday.
Time Warner, which plans to spin off AOL by the end of the year, bought the stake from Google on July 8, AOL said in the filing with the U.S. Securities and Exchange Commission.
The price that the company paid for Google's stake implies that AOL has a total value of about $5.7 billion.