May 13th, 2015 7:58 PM 0 COMMENTS

Global: Verizon acquires AOL for $4.4 billion to bolster its mobile video and advertising plans

Verizon Communications Inc., agreed to buy AOL Inc., a leader in digital content and advertising platforms space for $50 per share – estimated at a total value of $4.4 billion, aimed at advancing telecom giant’s ambitions in mobile video and advertising. The acquisition will provide Verizon access to advanced technology AOL has developed for selling ads and delivering high-quality web video. “Verizon’s vision is to provide customers with a premium... Read More

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