Verizon Buying AOL In $4.4 Billion Deal

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Telecom powerhouse Verizon is set to purchase one-time Internet giant AOL Inc for $4.4 billion cash, in a deal that gives the U.S.’ largest wireless carrier access to AOL’s thriving digital advertising and websites including the Huffington Post. The deal values AOL at $50 a share, a 23% premium over the […]

Vía Forbes Real Time http://ift.tt/1EwYKGj