Universal Map Files Suit Against AOL, MapQuest
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Though critics have voiced their disapproval of its purchase of Time Warner earlier this week, it was an acquisition made a last month that has landed America Online Inc. in court.
Universal alleges that prior to its sale to AOL, MapQuest.com signed a legally valid, binding and enforceable agreement to sell its MapStore.com site to Universal Map. Within 24 hours following MapQuest's announcement of its $1.1 billion sale to America Online, it attempted to repudiate the Universal Map agreement.
The company requests immediate injunctive relief to prohibit the sale of MapQuest.com, Inc. to America Online as well as monetary damages of more than $1 million.