A real quick reminder: AOL was worth $226 billion shortly after its disastrous merger with Time Warner in 1999. It’s now worth $4.4 billion.
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.
Telecommunications giant Verizon Communications Inc. is expanding its empire, acquiring early online trailblazer AOL Inc. and its stable of digital brands, including the Huffington Post and
May 12, 2015 · Verizon on Tuesday announced that it plans to buy AOL for $4.4 billion at $50 per share, which represents a 17% premium over its stock price at the close of Monday’s trading.
May 12, 2015 · Verizon is buying AOL for about $4.4 billion, or $50 a share, the companies announced Tuesday. The deal aims to create a major new player in the digital media business by …
Jun 23, 2015 · I guess not, as Verizon has now completed the deal as it was originally planned: buying all outstanding shares of AOL for $50 a share, or a total of for $4.4 billion, it was revealed in a press release on Tuesday.
Verizon Communications is buying AOL for $4.4B in a deal believed to be focused on Verizon’s ambitions in mobile video and advertising. The acquisition would give Verizon, which has set its
Verizon is buying AOL for about $4.4 billion, advancing the telecom’s push in both mobile and advertising fields.
May 12, 2015 · AOL shares jumped nearly 19 percent to $50.62, while Dow Jones industrials component Verizon was down 0.7 percent at $49.46. Armstrong told …
May 13, 2015 · Verizon’s $4.4 billion all-cash deal for AOL illustrates how the communications industry has changed, even if the underlying rationale has not.
May 12, 2015 · Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion. ( Tweet This ) AOL’s stock was up more than 17 percent after the announcement.