You’ve got merger! AOL to be bought by Verizon for $4.4 billion dollars
Can you hear me now? Oh wait, wrong slogan. America Online, the sweetheart of the 1990s and early 2000s, is being sold to Verizon. The acquisition cost: $4.4 billion dollars, or about $50 dollars a share. That’s a fraction of the company’s valuation from a few years back, when it was swallowing up companies. AOL […]
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