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Isaacson said the deal had been delayed as AOL Time Warner takes care of other issues Last week, The Atlanta Journal-Constitution quoted CNN chairman Walter Isaacson as saying he and ABC News President David Westin had already worked out how to run their operations if they are merged chief executive Richard Parsons said Tuesday business owns the Atlanta Braves, Atlanta Hawks and Atlanta Thrashers But figuring out the logistics has been challenging But Parsons reiterated that the company is committed to restoring investor confidence and improving the health of its balance sheet Parsons, in a speech before the annual UBS Warburg Media Week conference, said such a merger would make good business sense because it would allow ABC to benefit from CNN's international reporting expertise, while CNN could expand its audience via ABC's stations and generally broad reach Parsons: CNN-ABC Deal Full of Complexity Dec 10, 5:47 PM EST NEW YORK (AP) ââ‚¬â€? The complexity of merging two news operations has stalled any CNN/ABC deal, AOL Time Warner Inc When asked if that $14 " AOL Time Warner shares rose 67 cents, or 5 percent, to close at $13 CNN is owned by AOL Time Warner; ABC is owned by Disney America Online last week unveiled its turnaround strategy, which includes a greater focus on attracting broadband, or highspeed Internet access, customers 95 fee might be too high, Parsons said the consumers will ultimately decide But "we haven't come to any kind of formalized decision He said the company is looking into the possible sale of some assets as a way to simplify and focus the business, although no final decisions have been reached 95 a month to be America Online customers without paying America Online for Internet access, as the bulk of America Online customers currently do "We've hit a pause There are also no plans for what he called "transforming deals" saying the company will instead work to extract value out of its current holdings, including the America Online division He also said the company remains confident that America Online, once its problems are fixed, will be a valuable contributor to the AOL Time Warner bottom line One key component of that strategy is to offer broadband customers the option of paying $14 because it's very, very complex," Parsons said, adding that both news organizations would want to maintain full control of what appears on their airwaves "We are testing other pricepoints both higher and lower," he said "We have looked at some assets like our sports teams" and assets that don't contribute to earnings before interest, depreciation, taxes and amortization, because they are owned jointly, he said 75 each in Tuesday trading on the New York Stock Exchange 95 pricepoint ABC and CNN have been in discussions for months now about a possible merger "But right now we're comfortable at the $14 " AOL Time Warner's Turner Broadcasting System Inc Indeed, Parsons indicated that the media conglomerate's plate remains quite full, as it sorts out problems at its America Online unit ranging from questions about the viability of its business to government investigations into its accounting practices