Verizon to Buy AOL for $4.4 Billion
By Mike Shields and Thomas Gryta for The Wall Street Journal Verizon Communications Inc. agreed to buy AOL Inc. in a $4.4 billion deal aimed at advancing the telecom giant’s growth ambitions in mobile video and advertising. The all-cash deal …
AOL Acquires Web Video Company Adap.TV for $405 Million
By Peter Kafka for All Things D Tim Armstrong hasn’t bought anything for a couple years. Now he has made his biggest purchase since taking over AOL in 2009: AOL is buying Web video company Adap.TV for $405 million in cash and …